ENVIRONMENTAL SOCIAL AND
GOVERNANCE REPORT
Guangdong Marubi Biotechnology Co. Ltd.Table of Content Steady Operation Environmental
Forging Protection
Sustainable Safeguarding the
Message from Chairman 03 "Beauty" Power 01 Beauty of Ecology 03
About Marubi 05
Recap of 2024 11 Enhancing Governance Solidifying 29 Embracing Green Values Improving 67
Development Foundations Environmental Management
ESG Governance 15
Enforcing Baselines Fortifying Risk Barrier 33 Low-Carbon Transformation 68
Theme Spotlight: Scientific 19
Operating with Integrity Adhering to 35 Addressing Climate Change
Skincare Rejuvenating with Business Ethics Clean Production Reducing 71
Collagen "Core" Innovation
Proactive Measures Protecting Information 40 Environmental Footprint
Security Environmentally Friendly and 74
Resource Conservation
Collaborative Green Initiative 77
Advocating Green Office
Appendix 97
Key Performance Table 97 Meticulous People-Oriented
Indicators Index 101 Craftsmanship Composing
About This Report 105 Preserving the
Beauty of Skin 02 the Beauty of Harmony 04
Leading with Technology Decoding the 45 Equity and Diversity Protecting Employee 81
Beauty of Diversity Rights and Interests
Safeguarding Innovation Protecting 51 Empowering Employees Achieving 85
Intellectual Property Employees' Dreams
Ingenuity Embodies Quality Guarding the 52 Considerate Care Enriching Workplace 90
Essence of Beauty Experience
Premium Service Upholding the Promise 55 Work Safety Protecting Health and Safety 93
of Beauty Gratitude to Society Contributing to
Uniting Efforts Promoting the 60 Community Prosperity 96
Development of the Cosmetics Industry
Collaborating with Partners Fostering a 63
Win-Win Beauty Ecosystem03 Guangdong Marubi Biotechnology Co. Ltd. 2024 Environmental Social and Governance Report Message from Chairman 04
Message from Chairman
On the path of sustainable development we have deeply integrated Digital Transformation
the ESG concept into our corporate DNA establishing a full lifecycle We comprehensively deepened digital transformation empowering
management system encompassing green R&D low-carbon the full lifecycle product management with cutting-edge information
production and responsible marketing. We have been honored with technologies such as big data and artificial intelligence to enhance
ESG awards such as the "ESG Golden Bull Award Top 100" and the quality and efficiency. During the reporting period we successfully
"New-Quality Productivity Brand Enterprise" setting a benchmark launched the R&D knowledge question-answering large model
for technology with a positive social impact in the industry. "Marubi Researcher" and the Intelligent Manufacturing Execution
System. We further advanced integrated supply chain data
consolidation strengthened supply chain collaboration reduced
Sustainable Innovation overall operating costs and improved supply chain efficiency.Technological innovation is ingrained in our DNA and serves as the
cornerstone of our development. Three leading scientific research
institutions and the Marubi "Double Hundred" team have laid a Green and Low-Carbon
solid foundation for the development of biotechnology. We have We are firmly committed to creating green products by
dedicated ourselves to creating top-tier products R&D investment sourcing green materials establishing a green classification and
patent applications and authorizations have reached new heights. management system for raw materials eliminating controversial
Marubi Recombinant Collagen 2.0 the establishment of the National ingredients and preferentially using priority raw materials in
Recombinant Functional Protein Technology Research Center at formula development. We have optimized the energy structure
Marubi the approval of the industry standard for Recombinant Soluble implemented comprehensive energy process management
Collagen for project initiation and Marubi being the first drafter of the upgraded energy-consuming equipment and created green
group standard for Quality Classification and Evaluation Requirements operation scenarios to gradually reduce carbon emissions. During
for Front-runner Eye Cream. We have achieved one remarkable feat the reporting period we completed carbon footprint accounting
after another. The stock abbreviation has been officially changed for three star products and our production site was selected as a
to "Marubi Biotechnology" not only showcases the biotechnology "Guangdong Provincial Green Factory" in 2024.essence but also marks the beginning of a new journey on the dual-
track integration path of "lifestyle beauty + medical aesthetics." Looking ahead to 2025 we will continue to adhere to our original
aspirations and deepen our presence in the field of technological
cosmetics and invest more in cutting-edge areas. With our
Science Communication determined scientific and technological innovation capabilities
we will respond to changes. We believe that even in a challenging
Twenty-three Years of Dedicated Craftsmanship and Embarking on a New Chapter of "Core" Innovation in the 24th We innovatively promoted science communication through thematic and uncertain environment we can make steady progress. In
Year. As a pioneer and leader in the anti-aging eye care segment in China 2024 not only marks the 23rd year of Marubi campaigns including Seeking the Truth About Collagen and The the global process of sustainable development we will leave
Biotechnology's deep cultivation in the eye care and skincare market but also signifies a milestone year of embarking Truth in 7 Days featuring CCTV-certified explanations of "Collagen our solid footprints aiming to add more "beauty" to society and
on a new high-tech journey and ushering in a new era of "core" innovation. In 2024 we achieved annual operating Insider" and field investigations by renowned journalists into the jointly shape a beautiful future.revenue of CNY 2.97 billion and net profit attributable to shareholders of CNY 342 million with both revenue and profit "7-Day Wrinkle Reduction Truth." These efforts achieved over one
posting YoY growth exceeding 30%. This marks the eighth consecutive quarter of robust revenue and profit expansion. billion impressions effectively popularizing science-based skincare
Behind this stellar performance lies not only the self-developed and continuously refined online operational capabilities concepts and demonstrating Marubi's strength as a leading collagen
but also Marubi's full-chain R&D ecosystem anchored in biotechnology innovation. This system has not only passed expert. We engaged with top industry experts to share new scientific
professional standard tests but also garnered empirical acclaim from over ten million consumers through its "visible achievements published the Eye Anti-Aging Whitepaper promoted
efficacy." We are leveraging our dedicated and in-depth biotechnology research and application as a pivot to drive ingredient awareness and application and collectively advanced the Chairman of Marubi
the transition from ingredient innovation to the entire industrial chain enabling "Chinese Intelligent Manufacturing" cosmetics industry's steady progress in scientific skincare creating a
products to gain a foothold on the global stage. thriving ecosystem for shared industry prosperity. Dr. Huaiqing Sun05 Guangdong Marubi Biotechnology Co. Ltd. 2024 Environmental Social and Governance Report About Marubi 06
About Marubi
Company Guangdong Marubi Biotechnology Co. Ltd. was established in 2002 and listed on the Shanghai
The Industrial Ecological Layout of Beauty and Health
Stock Exchange in 2019. The headquarters and factory are located in Guangzhou China.Overview Marubi is committed to the R&D design production and sales of cosmetics based on
research in skin science and biological science. Its brands mainly cover the fields of anti-
wrinkle and wrinkle reduction functional skincare and makeup with differentiated brand
positioning meeting the needs of consumers of different ages and preferences. Following Oriental Eye Care Expert
the principle of "using the best of the world to make the best of China" Marubi develops
high-quality products based on the world's leading technologies takes the long-termism Marubi
strategy as the guiding direction focuses on the mission of "technology-driven beauty and 20 Years of Pioneering
health" and adheres to the operation combining "technology + brand + digital intelligence" Anti-Wrinkle and Wrinkle
aiming to build a globally competitive cosmetics company. Reduction
Competitive Boasting robust R&D Possessing differentiated
Advantages capabilities and systems brand assets and precise
positioning in eye care
Marubi achieves closed-loop
research and transformational Marubi a skincare brand with over 20 years of
utilization of core raw materials experience focuses on eye care and anti-wrinkle and
along with innovative wrinkle reduction. It has emerged as a leading domestic
technological achievements. brand with high-end and medium-end positioning and Passional Lover
Boasting a sales system that a considerable market share. Passional Lover a cutting- Extremely minimalist
combines multi-channel edge makeup brand excels in foundation products and cutting-edge makeup
collaborative development champions high quality with a minimalist approach.foundation
with fined management Chunji adhering to the philosophy of food extract technology and suitability for sensitive skin positions
Marubi has built a multi-channel itself as a popular functional skincare brand.sales network covering online Equipped with strong
platform e-commerce content production capabilities
e-commerce offline daily chemical and supply chain
specialty stores department store management expertise
counters and beauty salons.Marubi owns a 5C-certified factory with a
construction area of 50000 square meters
and a second intelligent factory has been Chunji
put into operation. We have established
Food extract technology
an efficient and collaborative supply chain suitable for sensitive skin
management system that supports rapid
and flexible production and circulation
through digital transformation.07 Guangdong Marubi Biotechnology Co. Ltd. 2024 Environmental Social and Governance Report About Marubi 08
Corporate Culture Core Qualifications and Honors
Origin Mission
Discover beauty create
"Wan" means "roundness"
and "Wan Mei" (Marubi) means beauty share beauty National Demonstration List for National Intellectual
"roundness embodies beauty" National High- Industrial Internet Pilot Projects
Property Demonstration
The Chinese view of the universe: Tech Enterprise by the Ministry of Industry and Enterprise
Round sky square earth. Information Technology
The Chinese view of dealing with the
world: Outwardly flexible inwardly
principled. Guangdong Bio-Skincare Guangdong Industrial Guangdong Enterprise
The Chinese aesthetic view: Round Engineering Technology Design Center Technology Center
pearls smooth jade. Vision Research Center
The Chinese people consider To become a world-class
roundness as perfection.Philosophy competitive enterprise in the Guangdong Excellent
field of beauty and health Guangdong Provincial Specialized and Guangdong Provincial
Dedicated to diminishing Manufacturing Industry InnovativeSmall and Green Factory
every single wrinkle Single ChampionMedium-sized Enterprise
Guangzhou Post- Included in the List of
Guangzhou
View of Learning View of Value Doctoral Innovation Key Intellectual Property Headquarters Enterprise
Learn throughout the lifetime Self-disciplined and Practice Base Enterprises in Guangzhou
and apply what we have learned committed to society
Digital Transformation Pilot
Guangzhou Cleaner
View of Responsibility View of Ideal Leading Entity for SMEs in Production Enterprise
Guangzhou City
Be grateful to society We are far from perfect but our
and act for love pursuit of perfection will never stop
View of Development Cultural View of Career
Compete in innovation Values of Professional attentive service and speed and dedicated
Marubi
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o09 Guangdong Marubi Biotechnology Co. Ltd. 2024 Environmental Social and Governance Report About Marubi 10
Key Milestones
201420152021
2008
The 50000-square- As Marubi's Marubi unveiled a
The "Very Caring meter 5C center in spokesperson Tony 2019 recombinant humanized
Foundation" was
2012 Guangzhou Science City
Leung Chiu Wai starred collagen developed
officially established. officially replaced the old in "Eye" a three- Marubi's A-shares in collaboration with
Under this fund
Marubi's third- factory featuring a R&D
minute phenomenal were listed on the Jinan University and the 2023
2006 for every bottle of center manufacturing commercial that won Shanghai Stock National Engineering generation Elastin
product sold CNY center training center multiple awards Exchange main board Research Center for Marubi achieved
The Chunji Essential Day & Night 0.10 will be donated
Eye Essence was information center and
Genetically Engineered
Marubi established a becoming China's significant channel
brand emerged to public welfare art center along with subsidiary in Tokyo first publicly traded
Drugs later integrated into transformation
positioned released marking from the income to world-class workshops eye cream specialist the Marubi Recombinant launched a Sino- milestones transitioning
2002 as "skin care the first proposal of support education in and manufacturing Collagen seriesJapanese dual-core from primarily offline
products differentiated day and underdeveloped areas
night skincare concepts processes equipped with R&D center and
distribution to online
The Marubi with natural sophisticated production deployed a high-end direct sales
brand was ingredients" and R&D facilities product line
born upon the imported from Japan
establishment Germany South Korea
of the Company and other countries
and the
commencement
of factory
production
201320202024
2005 2007 2011 2017Marubi was named "Eye Marubi proposed the
2022 The stock abbreviation
product concept of Marubi completed was officially changed to
Marubi created a Marubi was awarded Care Master" Marubi invested in
The total sales Passional Lover (ultimately two-in-one skincare its comprehensive "Marubi Biotechnology"classic with its first the title of National
of Marubi eye A fund managed by the and device and Digitization generation Elastin High-Tech Enterprise acquiring a 100% Official launch of the
care products global luxury group LVMH launched a two-in-one 1.0 initiative Essential Eye Essence for the first time ownership in 2019)
exceeded one invested in Marubi
industrial standard
skincare and device establishing a digital
featuring the slogan marking the formulation for
million units with black technology middle platform "Bounce bounce beginning of a five Recombinant Soluble – Multiple Peptide Anti- and achieving
bounce! Bounce consecutive years of Collagen and initiation wrinkle Eye Cream full lifecycle
off the crow's feet" such distinctions of the "High-Quality marking the brand's management across
which was upgraded Standards Initiative for evolution towards R&D procurement
to the fifth generation Recombinant Collagen"rejuvenation and production supply
in 2018 scientific technology chain marketing
and sales11 Guangdong Marubi Biotechnology Co. Ltd. 2024 Environmental Social and Governance Report Recap of 2024 12
Recap of 2024
Key Performance
Revenue Net profit attributable to shareholders Total assets Total tax paid Newly authorized patents R&D investment
2970CNY million of the Company 342 CNY million 5063 CNY million 257 CNY million 44 Number 73.54 CNY million
YoY growth of revenue YoY growth of net profit attributable to Net assets attributable to shareholders Cash dividends distributed in 2024 Cumulative dividend payout ratio to net Proportion of R&D personnel
33.44% shareholders of the Company31.69% of the Company3380 CNY million 309 CNY million proceeds since listing99.03% 7.83%
Energy intensity Total greenhouse gas emissions
37.81Tons of standard 3150.30 tCO2e
coal/CNY 100 million of revenue
Proportion of female Total employee Satisfaction rate of online YoY improvement in logistics
Wastewater emission intensity Water use intensity employees training hours customer service(%) efficiency for online store
0.03 Ton/ CNY 10000 0.21Ton/ CNY 10000 68.19% 49523 Hour(s) 92.27% 4.49%
Social Performance
Economic Performance Environmental Performance13 Guangdong Marubi Biotechnology Co. Ltd. 2024 Environmental Social and Governance Report Recap of 2024 14
Honors and Awards in 2024
Core Qualifications ESG Awards
Agile Supply Chain Oriented to 2023 Industrial Internet Pilot 2024 Typical Case of "Digital Three 2nd Guoxin Cup · ESG Golden The 18th China Listed Companies ESG The 18th China Listed Companies'
Market Demands Demonstration Project Products" Application Scenarios Bull Award Top 100 Top 100 Annual ESG Pioneer Figure
Ministry of Industry and Information Ministry of Industry and Information Ministry of Industry and Information China Securities Journal Securities Times Securities Times
Technology of the People's Republic of China Technology of the People's Republic of China Technology of the People's Republic of China
The 2nd Greater Bay Area Outstanding The 2nd Greater Bay Area Outstanding The Third "Sustain 100 Sustainable
2024 Guangdong Digital Transformation Pilot Leading Social Responsibility (ESG) Enterprise Social Responsibility (ESG) Enterprise Fashion Creative List" Green
ProvincialGreen Factory Entity for SMEs in Guangzhou City Selection - New Quality Productivity Selection - ESG Outstanding Contribution Technology - Digital Innovation
Guangdong Provincial Department of Guangzhou Municipal Bureau of Industry Brand Enterprise Award Figure Award - Mr. Huaiqing Sun WWD CHINA
Industry and Information Technology and Information Technology Puzhuo Consulting Group China Enterprise Puzhuo Consulting Group China Enterprise
News CEO Alliance of Guangdong - Hong News CEO Alliance of Guangdong - Hong Kong
Kong - Macao Greater Bay Area - Macao Greater Bay Area
Company Honors and Innovation
2024 CaifuCaixin Zhiyuan The 3rd "Zero - Carbon Future" ESG 2023 ESG Sustainable Development
National Research Center for Recombinant Leading Enterprise in the Cosmetics Industry Top 100 Innovative Enterprises in Award - Pioneer in Governance Innovative Practice List Innovative Pioneer Enterprise
Functional Protein Technology of the Fragrance and Cosmetics Sector Guangzhou
CaifuCaixin Society WallStreetCN
China Biotechnology Fermentation China Flavor Fragrance and Digital Research Institute of Southern Metropolis Daily
Industry Association Cosmetics Industry Association Guangzhou Daily
Top 500 Innovative High-Tech Top 400 Specialized and Innovative Enterprises in Top 40 Innovative Foreign-Invested
Enterprises in Guangzhou Guangdong Province (Guangzhou) Enterprises in Guangzhou
Digital Research Institute of Guangzhou Daily Digital Research Institute of Guangzhou Daily Digital Research Institute of Guangzhou Daily
Investor Relations
2024 Green Biotechnology Innovation 2024 Industry Benchmark Award 2024 China Cosmetics Blue Rose Award
Award - Model of Responsibility of the Cosmetics of Made in China - Annual Influential Listed Company
Synthetic Biology Network CSR Global Made-in-China.com China Cosmetics Congress 2023 Listed Company Award - Best 2023 Investor Relations Golden Award -
Investor Relations Company Outstanding IR Initiative Award
Judongmi Panorama Network
Brand & Product Recognition
Second Prize of the Science and
2024 Guangdong Provincial 2023 China Cosmetics Industry Brand - Eye Technology Progress Award of the
Manufacturing Industry Single Care Products Category Guangdong Cosmetics Society - Marubi
Champion Elastic Protein Time - Defying Firming
Guangdong Provincial Department of China Flavor Fragrance and and Anti-Wrinkle Ampoule Essence
Industry and Information Technology Cosmetics Industry Association Guangdong Cosmetics Association
Grand Prize in the Innovation Product Forbes China Cosmetics Certification of the No. 1 Sales in
Category of the 2024 Golden Spike Industry Brand Top 100 China of Eye Care Products for
Award - Marubi Multi-Peptide Firming Three Consecutive Years
and Wrinkle Reduction Eye Cream Forbes China Sullivan
Guangdong Cosmetic Science and
Technology Research Association
2024 "Made in China" Beauty Award -
Marubi Multi-Peptide Firming and Wrinkle 2024 Global Cosmetics 17th China Cosmetics Awards
Reduction Puffing Eye Cream Marubi Awards - Influential Brand - Annual Skin-Care Brand
Recombinant Collagen Anti - Wrinkle Cosmetics Headlines Cosmetics Network
Repair Light Cream / Moisturizing Cream
Made-in-China.com
2023-2024 Treasure New Product - Elastic 10th China Cosmetics Trend
2023-2024 Leading Brand Protein Time - Defying Firming and Anti-Wrinkle Conference - Leading Brand in
C2CC Media New Makeup Awards Ampoule Essence (Bouncing Ampoule Essence) Technological Anti-Aging
C2CC Media New Makeup Awards Qingyan and Qingyan Intelligence15 Guangdong Marubi Biotechnology Co. Ltd. 2024 Environmental Social and Governance Report ESG Governance 16
ESG Governance Stakeholder Communication
The sustainable development of an enterprise is inseparable from the support of its stakeholders. Marubi has always attached great
ESG Governance Mechanism importance to communication and interaction with all parties. The Company identifies key stakeholders and has established a regular
communication mechanism to maintain two-way exchanges gaining in-depth understanding of the opinions of various stakeholders and
With the mission of "becoming an excellent enterprise and more actively responding to their needs committed to building long-term cooperative relationships based on mutual trust and mutual support.importantly an excellent corporate citizen" Marubi has established Stakeholder Groups Topics Communication and Actions
a systematic and comprehensive ESG governance system forming a Board of Directors
governance structure with the Board of Directors as the ultimate responsible Business ethics
entity. The Company deeply integrates ESG concept into all aspects of its Corporate governanceStrategy Committee Institutional researchRisk management
daily operations laying a solid foundation for sustainable development Government and regulatory Official correspondenceEmissions and waste management
at the strategic level. Furthermore we fully identify and address the core authorities Policy implementation
needs of various stakeholders integrating them into the corporate strategic ESG Implementation Committee
Water resource management
Information disclosure
Energy management
planning and are committed to continuously creating long-term value for Green packaging
stakeholders customers and employees.Corporate governance
Marubi has established a three-tier governance system consisting of the Environment Society Governance Sustainable development management
Board of Director Strategy Committee the ESG Implementation Committee Addressing climate change General Meeting of Shareholders
and the ESG Implementation Team. This system systematically promotes the Information disclosure and investor Information disclosureStockholders and investors management Investor hotline
optimization of management levels and performance improvement in the Risk management Roadshows
three dimensions of the environment society and corporate governance. ESG Governance Structure Business ethics
R&D and innovation
Product quality and safety
Chemical safety and ingredient transparency Quality management
Consumers Premium customer service Customer service
Board of Authorizes the strategic committee under the board of directors to be responsible for Information security and privacy protection Satisfaction survey
Directors specific ESG matters. Oversees for the Company's ESG strategy and implementation. Responsible marketing
Compliance in employment and employee rights
protection
Internal communication platform
Occupational health and safety
Employees Employee appraisal and promotionEmployee training and development
Employee training
Develops the ESG vision strategy and goals oversees their implementation regularly Competitive compensation and benefits
Strategy
Committee reviews the achievement of these goals and reports to the Board of Directors with
Employee care
recommendations. Sustainable supply chain
Business ethics Supplier management
Suppliers/distributors Intellectual property protection Green procurement
Risk management
ESG Product quality and safety
Implementation Allocates resources to support the implementation of ESG work evaluates the effectiveness Cooperation organizations Investigation and visitIntellectual property protection
Committee of ESG efforts and regularly reports to the strategy committee with suggestions. (Public welfare organizations and Technical exchangeR&D and innovation
research institutions and so on) Regular meetingResponsible marketing
Promoting industry development
R&D and innovation Industry forum
Industry associations Product quality and safety Exchange and mutual visit
Environmental Clarifies ESG goals arranges and implements the coordination of ESG work oversees Animal welfare
Team
Social Team the specific implementation of ESG tasks reports on the progress of work to the ESG
Governance Team Implementation Committee and provides suggestions. Community contribution and charity
Emission and waste management
Community activity
Public and community Addressing climate change Voluntary service
Green packaging
Biodiversity conservation
Stakeholder Communication of Marubi17 Guangdong Marubi Biotechnology Co. Ltd. 2024 Environmental Social and Governance Report ESG Governance 18
Analysis of Material Issues Contributing to the UN SDGs
Marubi conducts in-depth identification and analysis of materiality issues drawing upon strategic planning industry trends Marubi aims to become a globally competitive brand integrating ESG principles deeply into its business operations actively
stakeholder expectations international standards and best practices within the same industry. For key issues Marubi formulates implementing sustainable development strategies and consistently aligning closely with the UN SDGs.tailored management objectives and strategies presents comprehensive responses in the annual report and strives to continually
advance sustainable development. SDGs Goals Marubi's Actions in 2024 Chapter Reference
Care about the physical and mental health of employees and carries out comprehensive occupational hazards monitoring every year. All People-Oriented
employees take physical examination and safety training. Composing
Establishment of a Stakeholder research Importance assessment Confirmation and
the Beauty of
material issue database and prioritization reporting of material issues Establish the "Marubi · Yuexin'an Corporate Well-being Station" to provide employees with benefits such as 1v1 psychological counseling and lectures. Harmony
Identify a list of ESG Apply the dual materiality Analyze survey feedback The ESG Implementation People-Oriented Collaborate with CEIBS Global E-Learning to launch a new "Leadership Development Program" encompassing three training tiers: MINI- Composing
issues relevant to Marubi principle to design survey and scoring results and Committee reviews and EMBA MINI-MBA and New Manager Course. the Beauty of
by considering the ESG questionnaires and invite develop a material issue acknowledges the highly Harmony
background (geographical key internal and external matrix by considering important issues reports Advocate and adhere to gender equality employment diversity and other concepts and strives to create a fair respectful and diverse working
environment. Female employees account for 68.19% with female holding 42.86% of senior management positions. People-Oriented
location business activities stakeholders to complete the impact of issues on them to the Board of
Prevent harassment and discrimination by regularly conducting 360-degree anonymous surveys of managers to collect relevant information. Composing
business relationships) online or offline surveys both the sustainable Directors and provides the Beauty of Initiate themed activities such as "Why Care About Others' Opinions - Tear Off the Labels Stay True to Yourself" and "Stand Out Be More Harmony
standard policies industry rating the importance of development of Marubi prominent disclosure in Noticeable" to encourage female employees to break free from societal stereotypes.practices and expert the ESG material issues. and its stakeholders. the annual ESG report.The new factory's wastewater treatment station has been put into operation with online water quality monitoring to ensure compliance with Environmental
opinions. wastewater discharge standards. Protection
Safeguarding the
Actively carry out water-saving projects to enhance the comprehensive utilization efficiency of water resource. Beauty of Ecology
A photovoltaic power station was erected atop the factory roof. During the reporting period roof-mounted photovoltaics achieved an installed
capacity of 660.06 kW generating a total of 609157.6 kWh of electricity. 21660 kWh was supplied to the power grid whereas 587497.6 kWh was Environmental
utilized internally. This significant energy usage reduction translated into a self-imposed reduction of carbon dioxide emissions by 347.40 tons. Protection
Safeguarding the
The production process utilizes green methanol as fermentation feedstock substituting conventional methanol during recombinant Beauty of Ecology
functional protein expression in Pichia pastoris fermentation.Sustainable supply chain Employee training and Environmental protection management Product quality and safety Respect the employees' rights and interests establish a comprehensive salary and welfare system and provides a diverse growth platform People-Oriented
development
Responsible marketing creating an inclusive and comfortable workplace environment.Composing
Addressing climate change R&D and innovation the Beauty of
Compensation and benefits Forced labor and child labor are prohibited. Harmony
Water resource management Emission and waste Chemical safety and
Promoting industry management ingredient transparency Maintain a team of 94 full-time internal technical experts with 36.17% possessing a master's degree or higher qualifications. Collaborate Biodiversity conservation
development with over 100 external scientists including Professor Ying Lin the director of the Guangdong Provincial Key Laboratory of Fermentation and Meticulous
Green packaging Customer service Enzyme Engineering and the former dean of the School of Biological Science and Engineering at South China University of Technology who Craftsmanship
Community contribution has been appointed as the Co-Chief Scientist of Recombinant Collagen at Marubi and the Chief Scientist at Biost Pharmaceuticals. Preserving the
and charity Occupational health and safety Information security and Develop a globally open partnership system encompassing over 42 domestic and international universities renowned Grade-A tertiary Beauty of Skin
privacy protection hospitals and scientific research institutions to achieve joint research and innovation.Employment compliance and employee rights protection Adhere to the principle of open recruitment fair competition and merit-based employment Marubi insists on equal employment and People-Oriented
opposes all forms of employment discrimination. Composing
the Beauty of
As of the end of the reporting period Marubi employed 147 ethnic minority employees 4 disabled workers and 10 veterans. Harmony
Animal welfare Corporate governance
Conduct scientific communication work through various forms and channels. The official WeChat account "Wandian Chuangxin" focuses on
Employee care Risk management Marubi's R&D information releasing the latest developments technological breakthroughs and scientific research achievements in the R&D field. Scientific
Skincare
Business ethics Create the topic "The Truth in 7 Days" inviting media professionals to directly challenge the "Little Golden Needle" cream through Rejuvenating with investigation questioning whether the claim of "7-day wrinkle reduction" is exaggerated. Collagen "Core"
Intellectual property protection Hold the 4th Recombinant Collagen Science Forum collaborating with CCTV Network "Seeking the Truth About Collagen" initiative to trace the Innovation
source and dispel doubts. Meticulous
Sustainable development management Fully promote the use of all-green raw materials establishing a Raw Material Elimination Management System. During the reporting period we Craftsmanship
Energy management eliminated nearly 150 raw materials including paraben preservatives PMMA and 4-methylbenzylidene camphor which are no longer in use.Preserving the
Beauty of Skin
Practice animal ethics respect the value of animal life create and introduce various alternative methods to animal testing.Develop modern biotechnology and green manufacturing technologies focusing on environmentally friendly technologies such as synthetic
biology and green chemistry for product development and research. Environmental
Non-important Financial importance Extremely important Actively promote energy-saving technological transformations reduce the emission of the "three wastes" and integrate environmental
Protection
protection concepts into daily operations. Safeguarding the Beauty of Ecology
Governance Environment Society Material Issue Matrix of Marubi Obtain "2024 Guangdong Provincial Green Factory".Carry out 1 corruption risk assessment collecting 189 questionnaires and 1 anti-fraud investigation promptly improving business Steady Operation
management and control loopholes. Forging
Organize all employees to sign the Employee Integrity and Self-Discipline Commitment Letter with integrity training programs conducted Sustainable
through both online and offline channels. "Beauty" Power
Extremely important Economic social and environmental impacts importance19 Guangdong Marubi Biotechnology Co. Ltd. 2024 Environmental Social and Governance Report Theme Spotlight: Scientific Skincare Rejuvenating with Collagen "Core" Innovation 20
Case Study Human Efficacy Data Analysis 2.0
Marubi's medical testing center has
accumulated a wealth of subject 证书号第6628021号
information and experimental data with 发明专利证书
发明名称：一种化妆品人体功效试验受试者管理系统和方法
diverse data types. Originally manual 发 明 人：裴运林;聂艳峰;李义桃;郭朝万;陈杰;胡露
专 利 号：ZL 2021 1 0440922.4
compilation of local reports was time- 专 利 申 请 日：2021年04月23日专 利 权 人：广东丸美生物技术股份有限公司
Scientific Skincare Rejuvenating with 地 址：510000 广东省广州市高新技术产业开发区科学城伴河consuming difficult to integrate and 路92号2号楼授 权 公 告 日：2024年01月16日 授 权 公 告 号：CN 113139727 BTheme 国家知识产权局依照中华人民共和国专利法进行审查，决定授予专利权，颁发发明专利证书并在专利登记簿上予以登记。专利权自授权公告之日起生效。专利权期限为二十年，自申请日起 Schematic Diagram of Population Distribution of Skinchallenging for subsequent data analysis. 算。专利证书记载专利权登记时的法律状况。专利权的转移、质押、无效、终止、恢复和专利权人的姓名或名称、国籍、地址变更等事项记载在专利登记簿上。 Efficacy Testing Site ParametersSpotlight Collagen "Core" Innovation The Company has established a human *2021104409224*局长申长雨
efficacy subject database and sample 2024年01月16日
第1页(共2页)
efficacy analysis project standardizing
Tech-Empowered Beauty Evolution the data accumulation process to
enable real-time automatic updates and
Correlation Analysis Sample Efficacy Multidimensional
visualization. This patented solution has of Parameters Analysis Diagram of Sample
In the new stage where technological innovation is reshaping landscape of the cosmetics industry Marubi has deeply received official certification. Efficacy
integrated into the wave of technological innovation and promoted the comprehensive transformation of the enterprise
through the formulation of a digital strategy. We focus on creating a full-link digital application scenario covering product
R&D manufacturing and market operation relying on the MES system to achieve the upgrade of intelligent manufacturing Case Study Large-Scale Model for Formulation Stability
and integrating AI technology to enhance business collaboration efficiency. Simultaneously we concentrate on the field of
technological wrinkle reduction and anti-aging delving into exploring cutting-edge technologies and insisting on providing
consumers with superior products with "genuine and high-quality ingredients." Multiple Light Data Analysis Project: Before sample production stability testing is a necessary step. Traditionally this has been
conducted through manual observation which is relatively subjective. In contrast multiple light detection is a relatively novel testing
method. It measures the particle distribution of samples by analyzing the light intensity spectra generated when a laser penetrates
Digital Transformation the sample cream. This instrumental detection approach is faster and more objective than manual observation. Currently there is
In recent years Marubi has achieved remarkable results in its digital no well-established stability evaluation mechanism in the industry. In this project executable files and data submission portals were
transformation. Under the comprehensive digitization strategic framework developed to enable the automatic uploading of multiple light detection data. This facilitates rapid index calculation data cleansing
In 2024 Marubi continues to
we have constructed multiple key systems including SAP ERP DMS PLM analysis accumulation and BI visualization thereby aiding in the judgment of sample stability.firmly advance digitalization
R&D management and traceability management innovatively introducing Formulation Stability Analysis Project: The medical testing center previously relied on manual 证书号第6620187号
path collaborating closely with 发明专利证书
the "Four Verticals and Two Horizontals" model. This enables in-depth observation for sample stability testing a process that consumed significant manpower and 发 明 名 称：一种化妆品稳定性的分析方法及其应用
business departments to drive 发 明 人：孙怀庆;孙云起;代文豪;聂艳峰;蒲艳;肖湲
mining of front-end business data from the four dimensions of the lacked objective evaluation criteria. By developing a feature dictionary and scoring rules related 专 利 号：ZL 2022 1 1584302.9专 利 申 请 日：2022年12月09日
significant business iterations 专 利 权 人：广东丸美生物技术股份有限公司
market sales members and e-commerce dimensions while horizontally to stability and through natural language processing the project standardized the feature 地 址：510000 广东省广州市高新技术产业开发区科学城伴河路92号2号楼授 权 公 告 日：2024年01月12日 授 权 公 告 号：CN 115774013 B
and upgrades through 27 co- 国家知识产权局依照中华人民共和国专利法进行审查，决定授予专利权，颁发发明专利证书并在专利登记簿上予以登记。专利权自授权公告之日起生效。专利权期限为二十年，自申请日起integrating product digitization and supply chain. Through the seamless descriptions of sample stability quantified the degree of change in these features automatically 算。专利证书记载专利权登记时的法律状况。专利权的转移、质押、无效、终止、恢复和专利权人的姓名或名称、国籍、地址变更等事项记载在专利登记簿上。
creation projects. *2022115843029*
connection and sharing of data we provide an accurate basis for decision- processed text-based stability reports and rapidly generated stability scores. 局长申长雨
2024年01月12日
making and realize the leap from informatization to intelligence. 第 1 页 (共 2 页)
This analysis method and application have been granted a patent certificate.Case Study
Wan Xiaoyan - A Large-Scale R&D Knowledge Q&A Model
Case Study Intelligent Manufacturing Execution System
In the strategic layout of AI-driven scientific research innovation Marubi has officially
launched the "Wan Xiaoyan" project to enhance R&D efficiency and support more
efficient and convenient information retrieval and in-depth analysis. "Wan Xiaoyan" By leveraging automation and intelligent technologies Marubi has achieved intelligent manufacturing control transparent
integrates multi-dimensional data resources such as patents regulatory filings production processes numerical control of production equipment and integrated production information in workshops
and academic literature to construct a knowledge graph in the vertical field of the striving to build a "smart factory" and further promote intelligent manufacturing.cosmetics industry forming an intelligent analysis engine with industry-specific As of the end of the reporting period the MES system has been officially launched.capabilities. Relying on natural language processing and deep learning technologies It combines equipment data acquisition to achieve a comprehensive view of the
and through extensive integration and training of cosmetics industry information manufacturing process enabling data sharing between departments such as planning
it can quickly respond to various questions posed by R&D personnel efficiently quality and production areas including emulsification filling packaging and
retrieve and accurately output relevant information transforming vast data assets warehousing. This fosters interaction among quality tracking production monitoring
into insights. While significantly improving R&D efficiency it also tracks the latest and warehouse management information flows creating a unified and standardized
The Large-Scale R&D Knowledge
trends and developments in the cosmetics industry continuously providing precise Q&A Model Interface data-transparent factory that significantly improves production efficiency. It is
and reliable data support for the Company's strategic analysis and decision-making. estimated that nearly CNY600000 in costs can be saved annually. Visualization of Workshop Production Data21 Guangdong Marubi Biotechnology Co. Ltd. 2024 Environmental Social and Governance Report Theme Spotlight: Scientific Skincare Rejuvenating with Collagen "Core" Innovation 22
Renewal through Intelligent Research
In the era of flourishing development of the cosmetics and skincare industry Marubi has remained steadfast in its commitment to Based on these innovations Marubi has meticulously crafted a range of safe reliable and highly-effective skincare products.technological innovation. In recent years we have continuously increased investment in scientific research tirelessly exploring the Leveraging cutting-edge technologies Marubi drives continuous product upgrades comprehensively addressing consumers'
mysteries of youthful skin. We have successfully broken through multiple technological barriers and launched a series of groundbreaking diverse skincare needs while safeguarding skin health and beauty through scientific advancements.ingredients one after another positioning itself as a benchmark brand in the cosmetics sector with formidable technological prowess.Intelligent Sensation Film Technology
Self-developed Collagen
Based on the research into mixed waxes with functionalized differences this technology focuses on the
Through the translation pause technology Marubi optimizes the nucleotide sequence of esterification reaction between natural waxes (beeswax and jojoba wax) and polymers. The resulting
collagen. Its core components are type I and type III collagen which are 100% consistent composite emulsifier enables the cream to adaptively regulate its texture and film state in response to
with the amino acid sequence of human native collagen. It can be efficiently absorbed by varying climate conditions and skin states achieving intelligent sensory adjustment.the skin enhancing the skin elasticity and firmness significantly reducing various wrinkle When applied with the intelligent sensation film technology the cream exhibits enhanced fluidity of
such as crow's feet under-eye lines and nasolabial folds and repairing the skin. the emulsion at high temperatures and increased viscosity at low temperatures. In dry climates the Marubi Multiple
ingredients effectively absorb moisture to enhance hydration effects while in humid environments they Peptide Anti-wrinkle
promote a refreshing and hydrated skin feel ultimately achieving adaptive intelligent sensory regulation. Eye Cream 3.0
Hissein SPG β-Glucan
Multilateral Parallel Compound Fermentation Technology
Marubi obtains a β-glucan with a triple-helix structure through the fermentation of
Schizophyllum commune which has the homology of medicine and food primarily Centered on a consortium of multiple probiotics this technology realizes the full-chain digestion
featuring dual functions of hydration and repair. Due to the special triple-helix structure absorption and conversion by modulating the metabolic pathways of the probiotic consortium
this molecule will not be damaged within 30 minutes in a high-temperature environment supporting the personalized customization of raw materials with specific functions.of 120 ° C exhibiting excellent efficacy in moisturizing anti-wrinkle anti-inflammatory and Marubi leverages the enzyme system produced by the fermentation of Tibetan kefir mushroom to
skin-repairing properties. fully extract the active ingredients from milk and Scutellaria baicalensis root powder while effectively
retaining the active ingredients from the fermentation of Tibetan kefir mushroom. This integration Marubi Butterfly
optimizes the synergy between the two maximizing the skincare benefits. It not only combats skin Bandage Eye Mask 2.0
aging but also exerts excellent repairing effects.Self-developed Supermolecular Kapok
Lipid-Soluble Recombinant Collagen Technology
Supermolecular Kapok is renowned as the top flower for dispelling dampness in Lingnan.It boasts excellent value in the homology of medicine food and cosmetics. It is rich in Reverse micelle gel penetration enhancement technology is a technique that improves the
flavonoids and possesses outstanding antioxidant and anti-aging effects. transmission and absorption of water-soluble components by forming reverse micelle pools
with phospholipids. Marubi encapsulates recombinant collagen in phospholipid reverse micelle
pools to create the exclusive lipid-soluble recombinant collagen (Micapermeate Col).The encapsulated recombinant collagen can enhance penetration into the stratum corneum Marubi Double
lipids without disrupting the skin barrier. It also increases the stability of the protein and Collagen Series
Tibetan Kefir Mushroom promotes its efficient absorption on the skin. This innovation also enables the application of
recombinant collagen a water-soluble ingredient in oil-based skincare products.Tibetan kefir mushroom a natural fermented fungus originating from Tibet features a multi-layered
network structure composed primarily of polysaccharides and proteins. The fermentation broth of
Tibetan kefir mushroom possesses antioxidant and anti-inflammatory activities effectively scavenging Marubiome Bionic Superconducting Penetration Enhancement Technology
free radicals. Through bi-directional fermentation technology Marubi makes full use of the enzyme
system of Tibetan kefir mushroom cells to extract the active ingredients from milk and Scutellaria Based on an understanding of natural sebum this technology builds upon the interfacial
baicalensis root powder. Simultaneously we retain the active substances produced by the fermentation crystallization matrix by further incorporating lipids that constitute the skin as well as
of Tibetan kefir mushroom itself achieving a synergistic effect among the ingredients. This not only phytosphingosine forming a bionic sebum with a multi-level structure. This allows for better Marubi Chocolate
exerts the skin care and repair effects but also enhances the overall health status of the skin. integration with the skin and enhanced penetration. Four Anti-series23 Guangdong Marubi Biotechnology Co. Ltd. 2024 Environmental Social and Governance Report Theme Spotlight: Scientific Skincare Rejuvenating with Collagen "Core" Innovation 24
Scientific Communication Intelligent Skincare
At a time when the skincare concept of Chinese consumers is shifting towards precise skincare the demand for refined and Case Study
scientific skincare ingredients has become increasingly prominent. Marubi has keenly grasped this trend and carried out CCTV.com "Seeking the Truth About Collagen" initiative
scientific communication work through various forms and channels during the reporting period sparking a wave of enthusiasm
for scientific skincare. From in-depth analysis of raw ingredients to demonstration of product efficacy from endorsement
In today's complex consumer market environment filled with information consumers have many confusions
of professional research teams to precise and misunderstandings regarding the technical principles and actual effects of collagen especially recombinant
communication with consumers Marubi with collagen. During the reporting period Marubi in collaboration with CCTV.com and well-known bloggers conducted
scientific and technological innovation as its multi-dimensional on-site visits and detailed
cornerstone has not only reshaped consumers' interpretations including production sources
cognitive dimension of skincare efficacy but scientific research laboratories and clinical testing
also established an innovative pathway for the bases. In an intuitive vivid and professional manner
value transformation of laboratory research Wandian Marubi R&D Center - Meiyu Medical the campaign comprehensively educated consumers
a c h i e v e m e n ts p ro m ot i n g t h e i n - d e pt h Innovation Xiaohongshu Testing Official on the unique advantages and practical mechanisms
development of the industry towards a more Official Account Account of recombinant collagen in anti-aging addressing
scientific and transparent direction. consumer doubts and strengthening the trust bond
between the brand and its consumers.Focusing on the R&D information of Marubi Wandian Innovation Official Account centers on
the latest developments technological breakthroughs and scientific research achievements Case Study Topic "The Truth in 7 Days"
in the the R&D field. It has published 19 articles with over 12000 total reads.Wandian Innovation
Official Account During the reporting period Marubi invited media professionals to directly challenge the "Little Golden Needle" cream
through investigation questioning whether the claim of "7-day wrinkle reduction" is exaggerated. By presenting
Marubi demonstrates scientific R&D efforts and shares scientific knowledge through experimental showcases technical authoritative qualifications experimental demonstrations and data it visually and simply explained scientific research
explanations and multi-format engagements including live streams public demos and influencer factory tours so as to knowledge vividly and interestingly demonstrated the product's advantages and triggered extensive discussions.enhance consumers' trust in the scientific nature of the products.Key Performance Indicators
During the reporting period
the Company hosted 255 visitor groups totaling nearly 2800 participants nationwide including
1800+ Scan the QR partners media experts and consumers with visitors attending 158 guided tours. Code to Watch
the Video25 Guangdong Marubi Biotechnology Co. Ltd. 2024 Environmental Social and Governance Report Theme Spotlight: Scientific Skincare Rejuvenating with Collagen "Core" Innovation 26
Since 2021 Marubi has continuously held the "Recombinant Collagen Scientists Forum." The forum has invited well-known Case Study th
authoritative experts and scholars university scientists consumer representatives and industry media to gather together The 16 China Biotechnology Industry Conference
to discuss the new development trends of collagen share new scientific research achievements and popularize scientific
knowledge about collagen. During the reporting period Marubi participated in more than ten industry conferences actively
On September 19 2024 the 16th China Biotechnology Industry Conference was held in Guangzhou. With the theme of
sharing its experience and promoting awareness and application of collagen ingredients."Creating a New Biotechnology Manufacturing Industry and Opening up a New Track in Life Sciences" this conference
Case Study released three high-quality development achievements to promote the innovative development of the bio-economy. The 4th Recombinant Collagen Science Forum As the only specially invited cosmetics enterprise Marubi made a dazzling appearance. Professor Ying Lin the Co-
Chief Scientist of Marubi Recombinant Collagen delivered a special speech titled Construction of Yeast Cell Factory
th and Synthesis of Functional Compounds which explained in detail the in-depth exploration process core technical On April 27 2024 the 4 Recombinant Collagen Science Forum was held in Guangzhou. This forum gathered
breakthroughs and innovative application achievements in the field of synthetic biotechnology. During the exhibition
numerous top experts scientific researchers and enterprise representatives in the industry all focusing on the
tour of the conference Marubi's recombinant collagen series products made a grand appearance and were recognized
development and innovation of the cutting-edge field of recombinant collagen. Marubi launched new achievements
by the leaders and academicians present.in recombinant collagen at this forum. Simultaneously it initiated the formulation of the industry standard for
Recombinant Soluble Collagen and issued the Initiative for High-quality Standards of Recombinant Collagen. This
standard will comprehensively rigorously and meticulously stipulate the quality control technical requirements and
testing rules of recombinant soluble collagen raw materials for cosmetics effectively promoting the deeper more
standardized and widespread application of recombinant collagen in the cosmetics field.Case Study The 2024 (10th) China Cosmetics Trend Conference
On October 22 2024 the 10th China Cosmetics Trend Conference was held in Shanghai. With
its outstanding performance in scientific research and innovation Marubi was honored with
the title of "Leading Brand in Scientific Anti-aging." Leveraging its extensive experience and
advantages in product development clinical verification and consumer education Marubi
in collaboration with multiple experts during the conference formulated and released the
2024 Expert Consensus on Scientific Anti-aging contributing significantly to the scientific
comprehensive and practical nature of the consensus.Steady Operation Forging
Sustainable "Beauty" Power
Marubi continues to improve its corporate governance system adhering to
compliance operating principles firmly upholds business ethics standards
strengthens information security protection mechanisms. By integrating
these four aspects holistically Marubi continuously consolidates the
foundation for high-quality development and injects strong impetus into
the sustainable growth.Marubi's Actions
Solidifying Corporate Governance Upholding Business Ethics
Intensifying Risk Management Protecting Information Security
Highlights of Performance
Total tax paid:
CNY 257million
Total cash dividends distributed:
CNY 309 million
The coverage rate of integrity training for board members is
100%
Zero business ethics violations or corruption cases
Contributing to the UN SDGs29 Guangdong Marubi Biotechnology Co. Ltd. 2024 Environmental Social and Governance Report Steady Operation Forging Sustainable "Beauty" Power 30
Enhancing Governance Solidifying
Development Foundations Diversity of the Board of Directors
Marubi remains dedicated to enhancing its corporate governance bolstering information disclosure management and
constructing robust investor protection mechanisms to achieve multi-stakeholder win-win outcomes. 11%
67%
Independence Gender
Board Structure and Governance Structure of Structure of
Key Performance Indicators the Board 33% the Board 89%
In accordance with various laws and regulations such as the Company Law and the
Securities Law as well as the requirements of regulatory authorities such as the
Shanghai Stock Exchange Marubi continuously optimizes its corporate governance During the reporting period
structure and enhances the standardization of its operations. Marubi's governance Independent director Non independent directors Male directors Female directorsthe attendance rate of Board
structure comprises the General Meeting of Shareholders the Board of Directors and meetings Supervisory Board
the Supervisory Board all operating in strict compliance with regulations. The Board m e et i n g s a n d s p e c i a l i ze d
of Directors has four specialized committees namely the Strategy Committee the committee meetings all reached
Audit Committee the Remuneration and Appraisal Committee and the Nomination
Committee to ensure clarity in roles and responsibilities scientific decision-making 11% 11% 11%
mutual checks and balances and coordinated efforts. This structure provides robust 100% 56%
support for daily operations management and decision-making on crucial matters. By
22% Professional
Background Educational
23% Background 33%
General Meeting of Shareholders
22%11%
Supervisory Board
Management Finance Digitization Doctor Master Bachelor
Board of Directors Board Office Biotechnology Marketing Law
Strategy Committee Audit Committee Remuneration and Appraisal Committee Nomination Committee
Key Performance of Corporate Governance Meetings in 2024
ESG Implementation Audit and Supervision
Committee Department
Senior Management 2 General Meetings 6 Board Meetings 5Supervisory 1Strategy
Corporate Governance Structure
of Shareholders Board Meetings Committee Meetings
Marubi adheres strictly to the corresponding selection and appointment procedures outlined in
the Company Law and its Articles of Association when electing directors. Marubi actively promotes
the diversification of the board in terms of independence gender and professional background. 5 Audit 2Nomination 1 Remuneration and Appraisal 3 Special Meetings of
Currently the Board of Directors is composed of 9 directors with outstanding educational Committee Meetings Committee Meetings Committee Meetings Independent Directors
qualifications enabling the board to make scientifically informed decisions effectively.31 Guangdong Marubi Biotechnology Co. Ltd. 2024 Environmental Social and Governance Report Steady Operation Forging Sustainable "Beauty" Power 32
Investors' Rights Protection
Marubi attaches great importance to investor relations actively implements relevant regulations of the China Securities Regulatory
Commission and fulfills the responsibilities of a listed company and promptly and proactively conducts information communication Case Study Diversified Investor Engagement Initiatives
work in accordance with the Investor Relations Management System. We innovate investor engagement through diversified channels
including text video live streaming and infographics strengthening investor communication while safeguarding rights and
establishing a positive market image.Key Performance Indicators
During the reporting period
Marubi standardized the management of investor relations activity records convened earning briefings after each
financial results disclosure organized six executive interviews and response rate on the SSE e-Interaction platform was
100%
Communication Channels Communication Initiatives Securities Times · GF Securities · Visit to Huatai Securities Investment Summit
Times Salon Listed Companies
Investor Hotline and Email Diligently responding to all incoming calls and 100% response rate to investor emails
On-site or Virtual Hosting on-site investor research visits and convening earning briefings after each
Communication financial results disclosure
Holding 2 General Meeting of Shareholders offering an online voting platform to
General Meeting
ensure small and medium-sized investors to exercise their rights and participate
of Shareholders
actively in the company's decision-making process
SSE e-Interaction 100% response rate to investors' inquiries
2023 Annual & 2024 Q1 Earning Briefings 2024 Q3 Group Earning Briefings for the Cosmetics Industry
A dedicated "Investor Relations" column where relevant Company information is
Investor Relations Column
updated in real-time to keep investors informed
Information Disclosure Management
Investor Returns Marubi adheres strictly to pertinent laws regulations as well as its Articles of Association and the Information Disclosure Management
System ensuring effective compliance with its information disclosure obligations and all disclosed information is truthful precise
Marubi places significant emphasis on investor returns and sharing the dividends of its growth. We reward shareholders through cash comprehensive timely and equitable thereby enhancing the quality and standard of the information disclosure practices.dividends to enhance their sense of participation and gain. Furthermore Marubi maintains strict compliance with insider trading regulations implementing a Registration and Management
System for Insider Information Insiders to bolster the confidentiality of insider information.Key Performance Indicators
This measure effectively prevents any illegal or unethical activities such as insider trading Key Performance Indicators
During the reporting period while safeguarding the principles of transparency fairness and impartiality in information
disclosure. Additionally to standardize the decision-making process for related-party During the reporting period
we distributed cash dividends twice Since 2019 IPO total dividends representing transactions Marubi has formulated a Related-Party Transaction Management System Disclosed
that explicitly outlines the review avoidance and decision-making framework for such
309 782 99.03% transactions. Through these regulations the Company safeguards the legitimate rights and totaling CNY million reached CNY million of IPO net proceeds interests of all shareholders. During the reporting period Marubi has remained free from 98 announcements
any regulatory sanctions related to information disclosure violations.33 Guangdong Marubi Biotechnology Co. Ltd. 2024 Environmental Social and Governance Report Steady Operation Forging Sustainable "Beauty" Power 34
Enforcing Baselines Fortifying Risk Barrier
Establishing a Compliance Column
Marubi has set up an Audit and Supervision Department which is under the management of the Board of Directors. With
three functions in total namely internal control audit and supervision the Department provides an all-around supervision Marubi establishes a compliance column to deeply dissect various business cases meticulously analyze operational risks and present
management system to the business at all levels. By establishing an effective risk and internal control management system the core elements of management systems accordingly. The Company hopes that all employees enhance their awareness of internal
the Company continuously improves its internal control management level. control and compliance risks through case studies improve their compliance literacy develop a normalized understanding of risk
prevention and control and effectively prevent the occurrence of business risks.Continuously Optimizing the Internal Control System
Marubi comprehensively reviews the internal control processes annually conducts independent and objective supervision and
evaluation of the effectiveness of the internal control system operation and carries out specialized audits on key control points to
inspect the effectiveness of the implementation aiming to reduce organizational operational risks improve operational efficiency
and continuously promote the soundness and improvement of the internal control system. Through organizing reviews and
revisions of institutional frameworks as well as optimizing OA processes Marubi ensures that its institutional frameworks align with
business operations. We also undertake projects to streamline institutional frameworks covering areas such as HR administration
procurement and legal affairs to enhance the readability and practicality of the frameworks. Simultaneously we review and evaluate
OA approval processes to uphold compliance in business approvals.Key Performance Indicators
During the reporting period
Optimized Compiled Conducted Tax Management
194 34 2 Marubi strengthens tax management to ensure legal operation and honest tax compliance. We have formulated the Tax Management OA process settings institutional frameworks process audits System and the Tax Risk List to clarify the responsibilities and authorities of various departments and personnel in tax management
standardize the handling procedures of relevant tax-related matters and continuously improve the efficiency and quality of tax
management. Additionally we conduct training for tax-related personnel and organize internal experience sharing activities to
enhance the team's professional expertise.Strict Audit Supervision
Adhering to the principles of objectivity policy conformance and a prevention-focused mindset Marubi conducts rigorous and
independent audits and supervision on the business operations and internal controls of headquarters and its subsidiaries.Key Performance Indicators
During the reporting period
Marubi executed a comprehensive slate of 24 internal audit projects with a focus on
diverse management modules encompassing assets warehousing procurement expenses
information systems and equipment management.35 Guangdong Marubi Biotechnology Co. Ltd. 2024 Environmental Social and Governance Report Steady Operation Forging Sustainable "Beauty" Power 36
Operating with Integrity Adhering to Employee Integrity Management Integrity Training Methods Integrity Training Content
Business Ethics To f u r t h e r b o l s t e r e m p l o y e e s ' Online (OA Marubi Academy) Online: Courses related to the introduction of
professional ethics and cultivate a Training & Offline Training Marubi's Audit and Supervision functions
workplace culture that venerates 29 Integrity promotion and event articles
Marubi is committed to building an honest and clean business ecosystem and resolutely forbidding all forms of corruptions integrity and denounces corruption
and bribes. Marubi has established the Board of Directors as the highest supervisory body for business ethics governance Marubi proactively promoted anti-
while the Audit and Supervision Department executes supervisory duties and oversees comprehensive efforts in preventing corruption management organized
corruption and bribery formulating systems such as the Supervision Management System the Integrity and Self-Discipline and required the staff to sign the Offline: 2024 anti-corruption and integrity
Management System and the Complaint and Reporting Management System . By clearly defining "red line for integrity" Employee Integrity and Self-Discipline promotion work training
Marubi establishes boundaries for business ethics constraints strengthens the integrity control mechanism for internal Commitment Letter. Additionally Promotion Channels
employees and extends anti-corruption management to partners such as suppliers and distributors. Additionally Marubi Marubi promotes a robust integrity Compliance training of the 5C Center
actively enhances its communication and collaboration with industry organizations and regulatory bodies to continuously and compliance culture through both Ethical gift policy guidelines integrity Integrity training for headquarters suppliers
bolster its anti-fraud capabilities. During the reporting period no corruption-related litigation cases were recorded. online and offline training sessions knowledge competitions OA
while simultaneously enhancing the promotion Audit and Supervision Integrity training for Board members
promotion of whistleblowing channels Open Day etc.No power through diverse means.abuse Integrity Culture
No falsification/ Construction
No bribery concealment for
No internal- solicitation personal gain
external Case Study "Jointly Building an Enterprise Integrity Culture" Symposium
collusion
No To demonstrate the firm determination to safeguard integrity development No No disclosure
obstruction during the reporting period Marubi held a "Jointly Building an Enterprise unauthorized of trade
of audits Integrity Culture" symposium which was also the release of the seal usage secrets Guidelines on the Rights and Responsibilities of Audit and Supervision
Work. By introducing the International Anti-Corruption Day and the work
achievements of Audit and Supervision Department publicizing the
integrity red line and introducing the rights and responsibilities of audit and
supervision work Marubi jointly built an enterprise integrity culture.Integrity Management Integrity Red Lines
Corruption Risk Assessment Case Study Ethical Gift Policy Guidelines
To ensure transparent and compliant business processes and effectively prevent and reduce the occurrence of corruption Marubi
conducts comprehensive assessments of corruption risks identifies key risk factors formulates targeted control measures and promptly
Adhere to the red line and celebrate ethical
addresses vulnerabilities in business management and control systems to mitigate the likelihood of bribery and corruption incidents.gift policy guidelines. Marubi issued
integrity reminders to urge employees to
During the reporting period abide by the management red lines and
prohibit any form of gifts banquets and
d corrupe tion ting
question anti-fraudr inv
uct isk lle
c nai out e
other behaviors from partners. Foster
o st a refreshing atmosphere establish a
positive ethos maintain integrity and self-
1 189 1 discipline and jointly build a transparent and upright workplace.
Marubi cond
c
carried
atio
n
ig
res
essments
as37 Guangdong Marubi Biotechnology Co. Ltd. 2024 Environmental Social and Governance Report Steady Operation Forging Sustainable "Beauty" Power 38
Case Study "Integrity Depicted in Art Virtue Conveyed through Images" Calligraphy Painting and Photography Competition Partners Integrity Management
Marubi proactively promotes partners integrity management organizes the suppliers and distributors to sign the Integrity Cooperation
To welcome the International Agreement and the bidders to sign the Integrity and Self-discipline Commitment for Bidders and publicizes the Integrity Statement on
Anti-Corruption Day and further the construction project site to promote the business ethics.strengthen the construction of
integr ity culture Marubi held Case Study Annual Supplier Integrity Cooperation Training Conference
a c a l l i g r a p h y p a i n t i n g a n d
photography competition with the
theme of integrity aiming to show Marubi held an Annual Supplier Integrity Cooperation Training
the beauty of integrity in the form of Conference to strengthen cooperative relationship and
art and convey positive corporate ensure sustainable development. During the conference
v a l u e s . O v e r 1 0 o u t s t a n d i n g the importance of anti-corruption and advocating integrity
works were selected each vividly was emphasized. The laws and regulations on anti-fraud as
capturing moments that epitomize well as the Integrity Cooperation Agreement with Suppliers
unwavering integrity and selfless Integrity' Mirrors the Heart Ink Rhymes Chili Red Reflects the Flag Integrity were interpreted. Additionally Marubi officially launched the
dedication to public duty Uphold Righteousness Shines Brightly Integrity Cooperation Handbook on-site clarifying the rights
and obligations which helped suppliers to understand the
integrity requirements and jointly build a transparent and
upright business environment.Case Study Audit and Supervision Open Day
During the reporting period Marubi successfully Whistleblowing/ Handling Mechanism
held the first Audit and Supervision Open Day
activities. The event aimed to enhance employees' Marubi employs a comprehensive strategy of audit and supervision in its ongoing anti-corruption efforts. Any fraud clues uncovered
understanding of the work content of the Audit and through the auditing process are promptly forwarded to supervisory personnel for further investigation. Additionally supervisory
Supervision Department promote the integrity personnel diligently review and document reported leads in a timely manner. This dual approach reinforces the prevention and
culture and improve employees' integrity awareness mitigation of integrity-related risks.through a series of educational interactive games.Marubi has formulated the Complaint and Reporting Management System to standardize the process of report management. We
provide diverse whistleblowing channels and publicize integrity through OA WeChat Official Account and corporate website to inspire
the employees clients suppliers and partners to report corruption under the real name or anonymously safeguarding rights of
whistleblowers e.g. petitioning for recusal result inquiry request for protection and receiving rewards.Whistleblowing channels are managed by specific personnel. Marubi keeps the information of the whistleblowers strictly confidential
and protects their legitimate rights and interests according to law. The anti-corruption dedicated investigation team is specifically
responsible for investigating corrupt behaviors.Reporting Channels
Reporting hotline (Tel) Mailing address for reporting letters WeChat official account
+86-20-6637 8666 ext. 385 Audit and Supervision Department 7th Floor
South Tower Poly Granville Building No. 11
Xiancun Road Tianhe District Guangzhou
Reporting mobile phone Reporting email
+86 18602010151 complaint@marubi.cn Integrity of Marubi39 Guangdong Marubi Biotechnology Co. Ltd. 2024 Environmental Social and Governance Report Steady Operation Forging Sustainable "Beauty" Power 40
Collaborating with Third Parties Strengthening Anti- Anti-Unfair Competition
Corruption Capabilities
Marubi strictly complies with the laws and regulations on anti-
monopoly and anti-unfair competition and firmly resists any unfair
Marubi serves as a governing member of the China Anti-Fraud Alliance leveraging the alliance's competition behaviors. Through the anti-counterfeiting traceability
blacklist information sharing system and strengthened due diligence in talent recruitment and new code system cooperation with professional third-party institutions
supplier onboarding to keep out dishonest persons and organizations and reduce risks of fraud. online and offline market inspections the Company regularly
During the reporting period Marubi participated in 6 training programs including the Enterprise conducts monitoring and review of counterfeit and shoddy
Anti-Fraud Litigation Summit Forum organized by the China Enterprise Anti-Fraud Alliance the 4th products to prevent the phenomena of channel conflict and
Supervision and Audit Forum the Enterprise Risk Management and Anti-Fraud Strategy Seminar & counterfeit products and maintain market order while minimizing
Exchange Meeting the Closed-Door Meeting of the Cosmetics and Personal Care Industry as well as the occurrence of fake products.the Enterprise Supervision Practical Drills and the Government-Enterprise Symposium on Enterprise Governing Unit of the Enterprise
Anti-Fraud Alliance Council Traceability Code Query
Integrity Culture virtually organized by the Huangpu Enterprise Compliance Alliance.Activities of Participating in the Enterprise Anti-Fraud Alliance: During the reporting period Proactive Measures Protecting
Information Security
Organized the filming of the micro- Organized employees to participate in the
video Under the Sun and won the Integrity Knowledge Competition and won
Excellence Award. the Excellent Organization Award.Marubi strictly adheres to the Cybersecurity Law the Data Security Law the Personal Information Protection Law and
Received the Integrity-Promoting Slogan Won the Clean and Dynamic Award in other pertinent legal framework. Following the information security philosophy of "prevention orientation comprehensive
Creativity Award in the "Calling for Integrity the "2024 Integrity Culture Construction coverage and continuous improvement" the Company improves the information security management system standardizes
Promotion Slogans" campaign. Achievement Competition." information security management and continuously enhances the overall protection level of information security.Case Study Strengthening Information Security ConstructionCollaborating with Public Security Brigade and Procuratorate to Conduct Anti-Fraud Compliance Training
Marubi consolidates the information security management framework through multi-layered information security management
measures continuously optimizes and enhances the overall security protection capability providing a robust security assurance for
During the reporting period Marubi invited the Economic Crime the sustained development of its business. During the reporting period Marubi continued to deepen its cooperation with information
Investigation Brigade of Huangpu District Sub-bureau Guangzhou security service providers. In accordance with the information security construction tasks we respectively carried out security
Municipal Public Security Bureau to conduct the anti-fraud compliance vulnerability scanning and code security auditing promptly discovered and repaired potential security risks in the system. Through
training with the theme of "Preventing Job-Related Crimes and the implementation of security education and training programs and emergency response drills for security incidents we significantly
Escorting High-Quality Development." It deeply analyzed the harms and improved information security awareness and prevention ability reducing the potential risks to information security caused by human
preventive measures of job-related crimes further enhanced the legal factors. There were no information security incidents or events of customer privacy leakage.and regulatory awareness of employees learned lessons from cases and
firmly adhered to self-discipline and integrity in their occupations.Marubi focused on promoting the classification protection
assessment for SCRM member management system and
During the reporting period Marubi invited the channel digitalization system ensuring compliance with
Haizhu District Procuratorate to conduct the national standards and industry requirements when handling
anti-fraud compliance training with the theme sensitive data and conducting critical business operations. As
of "Risks and Prevention in the Operation of of the end of the reporting period two key stages namely the
Private Enterprises" to enhance employees' expert review and rating filing with the public security bureau
awareness of anti-corruption and promote the have been successfully completed laying a solid foundation for
anti-corruption efforts and align with national subsequent security reinforcement.governance requirements.41 Guangdong Marubi Biotechnology Co. Ltd. 2024 Environmental Social and Governance Report Steady Operation Forging Sustainable "Beauty" Power 42
Information Security
Content Achievements Enhancing Information Security Measures
Management Measures
Cybersecurity Gap analysis and rectification for Two systems have passed expert review and classification filing:
Classification classification protection Marubi SCRM member management system
Protection
Assessment Cybersecurity classification rating Marubi channel digitalization system
Information
Revise and improve the network Security management system Technical Upgrades Tool Upgrades Equipment UpgradesSecurity System
security system required by the
Construction and
classification protection standards Security management institution system
During the reporting period During the reporting period During the reporting period Marubi focused on
Implementation Marubi completed several key Marubi utilized an operation the construction of the server room in the self-
technical upgrades specifically and maintenance service use area of the new building and carried out
Penetration Complete penetration testing for 5 business systems
Twice a year including the deployment of record mini-program for fault security design and the deployment of security
Testing Improved system risk level the desktop cloud system for statistics and classification equipment according to the requirements of
Complete code audit for 2 systems and output the Code the Finance Department the systematically recording the cybersecurity classification protection. In the
Code Audit Once a year
Security Audit Report expansion of the local storage operation and maintenance design of the network architecture of the new
server at headquarters the events of desktops and server server room we strictly followed the standards of
Interpretation of Network Security Vulnerabilities training expansion of the public cloud rooms standardizing the cybersecurity classification protection to ensure
Security Education Twice a year
Common Web Security Vulnerabilities training host server and the deployment operation and maintenance the security of data circulation and storage. A
of SAP redundant servers. process and enabled variety of security equipment such as firewalls
Vulnerability scanning of main network assets such as the These upgrades effectively smoother and more efficient intrusion detection systems comprehensive
headquarters factory and public cloud improved system stability and collaboration among the log management systems and database audit
Security Asset assessment performance ensuring the maintenance team members. systems were deployed to strengthen the
Vulnerability Four times a year Output the Vulnerability Scanning Report and repair and efficient operation and data physical and cybersecurity protection of the
Management reinforce the vulnerabilities security of information systems. server room from the hardware level.Achieve 100% remediation rate for high-risk and critical
vulnerabilities
Content of information security management during the reporting period
Case Study Protecting Consumer PrivacyCybersecurity Training
Marubi establishes a privacy protection system in accordance with laws regulations and supervisory requirements continuously
Through blended on-site meetings and online conferences Marubi organized cybersecurity training for operations and improving and updating the dynamic updating mechanism to effectively protect the privacy and data security of third parties. When
maintenance personnel focusing on network security vulnerabilities and common web security vulnerabilities. The training collecting and using users' personal information Marubi adheres to the principles of "legality legitimacy necessity and transparency"
systematically covered topics such as the classification of security vulnerabilities methods of hacker exploitation through fully safeguarding users' right to know and right to choose. We categorize different types of data and implements tiered management
vulnerabilities security vulnerability scanning technologies and security vulnerability remediation. Additionally it emphasized to ensure that only authorized and certified personnel can access data at corresponding levels. Users can report any instances of
the standardized processes of vulnerability management including vulnerability scanning assessment remediation and personal information leakage or improper use to Marubi for handling.verification to help the operations and maintenance team establish a scientific security management process.Meticulous Craftsmanship
Preserving the Beauty of Skin
Marubi focuses on promoting technological innovation and quality upgrades
continuously improving the green R&D system enhancing the consumer
shopping experiences and constructing a healthy and safe industrial
ecosystem. By deeply integrating the concept of sustainable development
into every link of value chain management Marubi creates a win-win
industrial ecosystem for multiple parties generates long-term value and
ultimately achieves symbiotic prosperity between the enterprise and society.Marubi's Actions
R&D and Innovation Providing Premium Service
Intellectual Property Protection Promoting Industry Development
Superior Quality Management Win-Win Cooperation with Partners
Highlights of Performance
R&D investment:
CNY 73.54 million
Newly authorized patents
44 million
Self-developed ingredients
Over 80 Contributing to the UN SDGs45 Guangdong Marubi Biotechnology Co. Ltd. 2024 Environmental Social and Governance Report Meticulous Craftsmanship Preserving the Beauty of Skin 46
Leading with Technology Decoding the Case Study Jointly Building a Safety Defense Line Fully Embracing Safety Assessment Policies Key Performance Indicators
Beauty of Diversity During the reporting period the full-version safety assessment policy was As of the end of the
implemented as per the Announcement on the Release of Several Measures to reporting period
Marubi prioritizes technological innovation with sustained R&D investment building profound technical expertise. Marubi Optimize the Management of Cosmetic Safety Assessment (No. 50 2024) issued
adheres to the R&D philosophy of "openness innovation science truth-seeking greenness leadership independence high-tech by the National Medical Products Administration. Marubi actively responded to
core" and follows the principles of green chemistry and animal ethics and continuously promotes the optimization of product the national policy on the full-version of cosmetic safety assessment promptly 6
formulas with natural raw materials and green technologies to improve the safety and friendliness of products. In this process we organizing a safety assessment team product managers formulation engineers ormulas had successfully passed
also develop more alternative animal testing solutions. and relevant department members to delve into the key points of the policy the full-version safety assessment.ensuring a comprehensive and accurate understanding of the full-version safety
assessment policy. We developed a template for the full-version safety assessment
Ingredient Safety report and verified the methodology established a toxicological database and achieved the first successful registration of the star product Marubi Peptide Red
Pen Eye Cream 3.0 under the full-version safety assessment policy.Marubi strictly complies with the cosmetics regulations standards safety and reliability. We have also formulated the Ingredient
and guidelines issued by relevant departments such as the National Elimination Management System and sorting out the ingredients
Medical Products Administration. By referencing documents every year. During the reporting period nearly 150 types of raw
including the Inventory of Existing Cosmetic Ingredients (2021 materials were eliminated and ingredients such as parabens PMMA Animal Welfare
Edition) the Cosmetic Safety Technical Specifications (2015 Edition) and 4-MBC (4-methylbenzylidene camphor) are no longer used.and the Technical Guidelines for Cosmetic Safety Assessment During the reporting period Marubi further established a green Marubi adheres to the 3R principles of animal experiments develops and implements various alternative animal testing methods. Marubi
(2021 Edition) Marubi has established stringent ingredient access classification and categorization management system for ingredients utilizes a range of extracorporeal testing models biochemical experiment cellular biological experiments and molecular biological
standards. It conducts comprehensive safety risk assessments on and formed the Ingredient Rating Operation Instruction Manual experiments chorioallantoic membrane (CAM) experiments and caenorhabditis elegans assay experiments. Different models are aligned with
all potential ingredients for use in products eliminating the use of classifying ingredients into priority normal restricted and prohibited different samples or testing purposes to provide safety and efficacy support for the company's products and raw materials. During the reporting
prohibited ingredients and gradually phasing out controversial ones. categories. Among them priority ingredients must be of the full period the overall evaluation strategy for alternative testing methods was further refined and testing work using 3D skin models was launched.In the product development process Marubi formulates the Design green grade on Beauty Evolution without any risk warnings and
and Development Control Procedure 6.0 in accordance with the ISO have corresponding green and low-carbon certifications. Marubi R&D and Innovation
9001 Quality Management System Standard to ensure the products prioritizes the use of priority ingredients in formula development.
Talent serves as the cornerstone of innovation. Embracing the spirit of open innovation Marubi consistently attracts exceptional talents
Monitoring Ingredient Risks from the industry through a blend of independent training programs and external collaborations. This approach has culminated
in the creation of a multidisciplinary talent pool encompassing expertise in over ten fields including biology genetic engineering
dermatology pharmacology phytochemistry material chemistry and testing. This diverse talent pool serves as a continuous source
Supplier Management and Audit Risk Assessment System
of innovative momentum fueling the Company's growth and progress. During the reporting period Marubi continued to optimize
Audit the qualifications of ingredient suppliers including Conduct risk assessments on ingredients taking into R&D team and appointed Professor Ying Lin the Director of the Guangdong Provincial Key Laboratory of Fermentation and Enzyme
production licenses quality management system account factors such as the source usage and possible Engineering and the former dean of the School of Biological Science and Engineering at South China University of Technology who
certifications. Require suppliers to provide the quality harmful components of the ingredients. now serves as the Co-Chief Scientist of Recombinant Collagen at Marubi and concurrently as the Chief Scientist of raw material
specifications inspection reports and safety data sheets factory Biost Pharmaceuticals.of ingredients offering detailed information on ingredient
components purity and impurities.Key Performance Indicators
As of the end of the reporting period
Ingredient Inspection and Testing Documentation and Traceability
Conduct inspections on each batch of ingredients Record in detail the information related to the procurement Marubi maintains a team of The proportion of master's degree or above is Marubi has more than
according to established standards including inspection and use of ingredients including supplier
physicochemical property testing and microbial information inspection report numbers. In the event 94 full-time internal 36.17% 100 external
limit checks to ensure that the ingredients meet of issues it is possible to trace the batch source and technical experts cooperative scientists
quality requirements. usage of ingredients through the records so as to take
corresponding measures.47 Guangdong Marubi Biotechnology Co. Ltd. 2024 Environmental Social and Governance Report Meticulous Craftsmanship Preserving the Beauty of Skin 48
Marubi operates R&D and innovation centers in Guangzhou Shanghai and Tokyo forming a network of seven specialized research Key Performance Indicators
centers: the basic research center life sciences center pilot-scale experimentation center applied development center medical
testing center technical support center and open innovation center. These centers collectively contain 48 functional laboratories During the reporting period
covering diverse professional fields such as chemistry biology food science medicine pharmacology and materials science. This Marubi newly established Marubi had more than Biost a subsidiary of Marubi increased the
comprehensive infrastructure supports an integrated seven-stage advanced scientific research system encompassing all critical stages the Life Science Center and production and independent application supply
of entire R&D lifecycle: fundamental research - ingredient development - ingredient production - formula exploration - intelligent the National Research Center of self-developed ingredients by more than
manufacturing - quality inspection and testing - culminating in efficacy evaluation. Leveraging biotechnology as its core driver Marubi 80 self-developed for Recombinant Functional
pioneers eco-friendly "core" manufacturing in the cosmetics industry cultivating profound technological expertise. Its commitment to ingredientsProtein Technology and
innovation has been consistently recognized earning it the National High-Tech Enterprise Certification for five consecutive years. 30 tons.took the lead in forming the and over
"Dual Beauty Integration and 20 Meiyu Testing a subsidiary of Marubi added Innovation Consortium" in the ingredients
Culminating Hengqin Guangdong-Macao have achieved mass
in Efficacy In-Depth Cooperation Zone. 50 testing items.Formula production.Exploration Evaluation
Case Study
Intelligent Pioneering Specialized Chip Innovation Steered by a National-Level Science and Technology Innovation Hub
Manufacturing
Ingredient The National Research Center for Recombinant Functional Protein Technology is a research platform for scientific and
Development Quality technological innovation and achievement transformation officially approved by the China Biotechnology Fermentation
Inspection Industry Association with Marubi as the supporting institution. It is a national scientific and technological innovation
Fundamental and Testing platform for achievement transformation in the field of recombinant functional proteins focusing on collaborative
Research innovation academic exchanges talent cultivation achievement transformation promotion and application.Ingredient
Production Aiming to promote the innovation of the entire chain of
"technology R&D - achievement transformation - industrial
application" in the field of recombinant functional proteins in
China and centering on the "Healthy China" strategy the center
Marubi possesses seven ingredient research platforms with a cumulative reserve of 80+ self-developed ingredients and 20+ ingredients can focuses on the large health industries such as biomedicine
be mass-produced and applied. Furthermore Marubi maintains a global network of collaborative partners encompassing over 42 domestic biological materials cosmetics and food. By integrating
and international universities renowned tertiary hospitals research institutions and other scientific organizations. domestic and international scientific research resources it
conducts research on cutting-edge technologies and constructs
an integrated collaborative innovation system covering basic
research industrial transformation safety evaluation scientific
ynthetic popularization and talent cultivation. It is committed to building S
Biology an internationally competitive technology R&D and service
Green stry platform for recombinant functional proteins.Chemi
ering
Genetic E
ngine
nal Bio-io
Bidirect
ermenta
tion
F n of
vative E
xtractio
Inno nt Bioac
tives
atural P
la
N
geted
Precisio
n-Tar
se Delive
ry
ned-Rele
a
Sustai
Transde
rmal
rconduc
tive l Actives
Supe f Functi
ona
Enhance
ment o49 Guangdong Marubi Biotechnology Co. Ltd. 2024 Environmental Social and Governance Report Meticulous Craftsmanship Preserving the Beauty of Skin 50
To incentivize R&D personnel to innovate proactively continuously enhance their technical capabilities and propel product
development innovation to new heights Marubi has established a competitive reward mechanism that evaluates creativity in product Key Performance Indicators
formulation design and skin feel. Monthly we host the "Craftsmanship Monthly Challenge" competition for formulation engineers - a
competitive event that spotlights technical excellence and user-centric innovation. During the reporting period
By systematically reinforcing the foundation for innovation and unleashing the full creative potential of R&D teams Marubi provides Accumulated Newly authorized Published Newly published
holistic support for groundbreaking R&D achievements. This strategic focus has fueled breakthroughs across product pipelines from authorized patents patents papers articles
conceptualization to commercialization.
347444814
Case Study Novel Biomaterial Published in Top-Tier SCI Journal Biomaterials Advances including invention with invention with a cumulative impact with a total
patents patents factor exceeding impact factor
During the reporting period Marubi collaborated with Harbin Institute of Technology (Shenzhen) to publish a research paper titled
"Transdermal delivery ofelastin peptide assisted by betaine-based deepeutectic solvent to ameliorate skin photoa-ging" in the top- 237 43 90 38.5
tier biomaterials journal Biomaterials Advances. The study pioneered the application of succinic acid-betaine deep eutectic solvent
(SAB) in encapsulating elastin peptides for transdermal delivery forming supramolecular elastin to enhance transdermal absorption.The publication of this research paper demonstrates Marubi's leadership and continuous innovation in the field of biomaterials
Key awards obtained during the reporting period
research. It also marks a crucial step for Marubi in the development of anti-aging skincare products. Furthermore it is an exemplary
of Marubi's innovative development model and the collaboration among universities enterprises and research institutions.Guangzhou 2024 Catalog of Key
Guangzhou Municipal List of New Materials for First-Batch Guangdong Provincial
Cultivated Patent-Intensive
Case Study Application Demonstration
Excellent Brand Enterprise
Marubi Eye Care White Paper Enterprises (Recombinant Collagen and in the Cosmetics Industry
Recombinant Elastin)
During the reporting period Marubi compiled and released the Eye
Care White Paper specifically customized for Chinese people. The white First Prize in the Guangdong
paper conducts a professional analysis of the Chinese people's eye skin 2024 Guangdong Association for First Prize in the 2024 Light High-Tech Enterprise Association
characteristics. According to the different causes of eye problems it Science and Technology Typical Industry Patent Achievement Science and Technology Progress
provides corresponding solutions from various aspects such as daily life and Enterprise Innovation Case (A High- Evaluation (Application of Pichia Award (R&D and Industrialization
professional skincare offering consumers a professional eyecare guideline. Quality Chimeric Recombinant pastoris Translation-Related of Bio-Fermented Lysine-Rich
Dual-Collagen (Type I/III) for Factor Bcy1 in Heterologous
Polysaccharide (LysM) as an
Advanced Biomedical Applications) Protein Expression)
Innovative Cosmetic Ingredient)
Second Prize in the Guangdong
Light Industry Federation Science Three Products Awarded the Two Products Recognized as
and Technology Award (Series Title of "Guangdong Famous "Guangdong High-Quality
Innovations in Bio-Fermented LysM and High-Tech Quality Cosmetics"
Raw Material Technology and Its Products
Industrial Applications)51 Guangdong Marubi Biotechnology Co. Ltd. 2024 Environmental Social and Governance Report Meticulous Craftsmanship Preserving the Beauty of Skin 52
Safeguarding Innovation Protecting Ingenuity Embodies Quality Guarding
Intellectual Property the Essence of Beauty
Marubi considers technological innovation as its paramount priority. In alignment with standards and regulations including Guided by the policy of "quality-first integrity-based leading the market and continuous improvement" Marubi strictly
the Guidelines for Corporate Intellectual Property Management (GB/T29490-2013) the Trademark Law and the Patent Law complies with Quality Management Standards for Cosmetics Production and other relevant laws and regulations
Marubi has established a robust intellectual property management system to safeguard its innovative development. formulating systems and procedures including the Design and Development Control Procedure Supplier Selection
Management Regulations and the Recall Management Control Procedure. Marubi has established a quality management
system through the full lifecycle of the product covering product development supplier selection material acceptance
Marubi protects its own intellectual property rights and trade secrets while respecting those of others. We regularly conduct production sales management and product recall. As of the end of the reporting period Marubi has passed the
specialized training to enhance the intellectual property protection awareness of relevant personnel. Additionally we have established certification of ISO22716:2007 Good Manufacturing Practices for Cosmetics (GMP) the ISO 9001 Quality Management
an intellectual property data platform to promptly access the latest domestic and international data stay informed about industry System and the Guidelines for Cosmetic Good Manufacturing Practice (2022) issued by the U.S. Food and Drug
intellectual property trends and support R&D and innovation layout. During the reporting period we established a practice base for Administration maintaining efficient and effective operations.intellectual property office examiners providing convenience for examiners to update and train their front-line professional technical
knowledge and offering solid technical support for improving the quality of patent examination. Furthermore we invited patent
examiners to conduct patent training for engineers thereby enhancing the practical patent capabilities.Case Study Digital Integrated Service Platform Empowers Intellectual Property Work
Previously Marubi maintained its patent ledgers locally which led to inefficient operations as the data volume grew. Following the
launch of the Digital Integrated Service Platform Marubi has not only been able to conduct self-service analysis of key indicators
through BI dashboards achieving comprehensive management of
patent ledgers but also supports multi-dimensional customized
analysis of patents. This capability enables identification of the
technological strengths and weaknesses providing data-driven
insights to inform R&D strategy formulation. Additionally the
platform incorporates an intelligent literature analysis module
and visualization components integrating authoritative databases
such as CNKI and PubMed. It can generate periodic data analysis
reports assisting us in understanding industry trends and its own Marubi maintains vigilance in monitoring regulatory announcements and pertinent industry trends promptly comprehending the nuances
R&D performance. of new regulations and updating the internal and external documents. In alignment with the implementation mandates of these regulations
Marubi conducts regular internal inspections every month and organizes training as needed to ensure operational compliance.As of the end of the reporting period
Marubi has successfully obtained certification for the GB/T29490-2013 In addition Marubi was granted the
intellectual property management system and has been honored as qualification as a key enterprise
the National Intellectual Property Demonstration Enterprise National i n te l l e ct u a l p ro p e r t y s e r v i ce
Intellectual Property Advantage Enterprise Development Zone workstation of the sixth batch in
Intellectual Property Advantage Enterprise and Development Zone Guangzhou Development District.Intellectual Property Demonstration Enterprise. The certification of the
ISO 56005 innovation and intellectual property management capability
system is currently in progress.53 Guangdong Marubi Biotechnology Co. Ltd. 2024 Environmental Social and Governance Report Meticulous Craftsmanship Preserving the Beauty of Skin 54
Quality Standards Quality Improvement
To guarantee a superior user experience for consumers Marubi adheres to more rigorous product quality standards than those Leveraging daily quality meetings periodic quality retrospectives and
prescribed by the industry. The production area includes the filling workshop ingredient workshop and emulsification workshop with comprehensive quality management training Marubi is committed to
a cleanliness degree up to grade D according to the Code for Design of Pharmaceutical Industry Clean Room (GB 50457-2019). This enhancing the quality consciousness and proficiency of its personnel and
ensures that the number of particles measuring ≥ 5.0μm under static conditions remains below 29000/m3. cultivating a robust quality culture. During the reporting period with a focus
on adhering to new regulatory standards and elevating internal quality
management practices Marubi conducted training sessions including those
Chinese Industry Standard Marubi Standard on the Regulations on the Supervision and Administration of Cosmetics and
the Key Points and Principles for the Inspection of the Cosmetic Production
40° C with no abnormality after 24 45° C with no abnormality after 24 Quality Management Specifications.
Heat-resistant
hours hours Administrative Measures for the Supervision and
-8℃ with no abnormality after 24 -18℃ with no abnormality after Management of Cosmetic Production and Operation Training
Cold-resistant
hours 24 hours
2000 r/min with no stratification at 3000 r/min with no stratification
Centrifugation (emulsion) Case Study
room temperature for 30 minutes at 38℃ for 30 minutes Quality Improvement of Schizophyllan Polysaccharide (SPG)
Cosmetics for children
Bacterial amount ≤ 500 ＜ 50
lips and eyes
(CFU/g) During the reporting period Marubi successfully removed impurities from the raw material through a modified renaturation
Other skin cosmetics ≤ 1000 ＜ 50 process significantly increasing the content of SPG in the raw material. This not only improved the overall purity but also
Total mold and yeast CFU/g ≤ 100 ＜ 10 enhanced its appearance resulting in higher transparency. Additionally the stability of the raw material was strengthened.Comparison of Marubi Standard and Chinese Industry Standard
In order to strictly control the quality standards of purchased goods Marubi conducts inspections and assessments of suppliers'
Indicator Number quality assurance systems and provides feedback on quality information and reports on corrective and preventive measures for
improvement. We have formulated the Incoming Goods Quality Management System and implemented goods inspection procedures
according to the requirements of incoming goods quality standards (including but not limited to inspection standards special
Airborne Bacteria CFU/m3 200 requirements technical documents etc.). Non-conforming products are handled in accordance with the processing procedures.Settled Bacteria (ф90mm) CFU/4h 100 Marubi maintains a regular schedule of quality review meetings and quality management training sessions specifically tailored for
its suppliers. These sessions serve as platforms for sharing the experience in quality management enabling suppliers to continually
Surface Microbial Contact (ф55mm) CFU/disc 50
elevate their quality standards. During the reporting period in response to frequently occurring issues with suppliers Marubi
Temperature 18℃ ~26℃ conducted verification of process quality characteristics to identify the sources of problems and refined quality management
indicators. Marubi successfully conducted 7 quality review and training sessions significantly strengthening the suppliers' quality
Humidity 45%~65%
management capabilities.Environmental Indicators for Grade D Pharmaceutical Clean Room
Three-Time Recipient of "Guangdong Premium Cosmetic Selection" Award
Marubi conducts stability and safety tests on all products to ensure quality. For newly launched products we conduct different efficacy tests
such as "firming" "soothing" "anti-wrinkle" "whitening" and "suitability for sensitive skin" to ensure product safety and effectiveness.During the reporting period MARUBI Elastin Protein Day and Night Eye
During the reporting period Biost enhanced raw material quality by standardizing procurement channels establishing purchasing standards Essence and MARUBI Elastin Protein Time-Defying Firming Lotion were
for botanical raw materials and sourcing and inspecting these materials according to food or pharmaceutical standards and channels. honored with the "Guangdong Premium Cosmetic Selection" designation.Marubi has instituted the Quality and Safety Incident Disposal Control Procedure clearly outlining the responsibilities of the legal Marubi has secured this prestigious recognition for three consecutive
representative as the first responsible person for quality and safety and the quality and safety supervisor designated as the direct executor. years underscoring its robust product innovation capabilities and brand
This procedure categorizes potential quality incidents and establishes corresponding emergency measures which are periodically evaluated influence. Looking ahead we remain committed to our original mission
to guarantee their effectiveness in addressing urgent situations. Marubi has established the Recall Management Control Procedure to in product development: "Dedicated to fading every single wrinkle." We
outline comprehensive handling plans for addressing quality issues in delivered products tailored to the specific nature of each problem. will continue delivering superior products and services to consumers
A designated working group oversees this process conducting regular recall drills annually to assess the efficiency of the recall procedures. ensuring the delivery of high-quality beauty experiences.During the reporting period Marubi conducted a simulated recall drill and the recall procedure was verified to be effective.55 Guangdong Marubi Biotechnology Co. Ltd. 2024 Environmental Social and Governance Report Meticulous Craftsmanship Preserving the Beauty of Skin 56
Premium Service Upholding the Feedback Collection and Analysis Mechanism
Promise of Beauty Marubi is committed to building a comprehensive and refined customer feedback collection and analysis system using professional
tools and scientific methods for in-depth analysis to assist in precise optimization of products and services.Marubi adheres to the philosophy of "Service First Sales Second" regarding customer satisfaction as a key driver of Multi-Channel Feedback Collection
corporate development. On this foundation we continuously optimize customer service system through meticulous Collect consumer usage experiences and opinions through customer
management and practical innovation steadily enhancing the operational efficiency of customer service management to service reception and product reviews and other channels.achieve win-win development between customers and the company. Feedback Channels
Classification and Compilation of
400-830-4000 National Hotline
Intelligent Customer Service Driving Service Upgrades Feedback Information
Categorize and sort the collected data based on the nature of the issues Official Self-media Platforms
Marubi has long focused on digital transformation to improve service efficiency and optimize service effectiveness continuously (such as allergic reactions skin feel problems and ineffectiveness). Official Customer Service of the Online Store
promoting the construction of intelligent and digitalized customer service. By introducing Leyan Jingxiaozhi Intelligent Bot the Analyze the frequency severity and impact scope of the issues and
Company achieves instant responses to customer inquiries and automated processing of high-frequency questions. At the same time Feedback from Official Offline Storesidentify common problems as well as individual cases. In offline
a team of robot trainers is equipped to iterate the system and database further ensuring precise service responses and delivery. training Marubi relies on front-line store employees to accurately
capture the common needs and personalized demands of customers
Logistics Optimization Enhances Overall Efficiency providing a real basis for product R&D and service optimization.During in-store activities and store inspections conversations with on-
Against the backdrop of booming e-commerce and with the increasing proportion of online business and higher consumer demands for site members are also conducted to understand their daily skincare
logistics timeliness Marubi significantly enhances the consumer shopping experience by optimizing its warehousing and logistics system. routines product usage experiences and improvement feedback.Warehousing and Logistics Efficiency Transformation Case Study Case Study Experience Full-Shade with One Card Product Optimization Improving Online Shopping Experience
Redesign the layout of the on-site operation workflow to improve work efficiency and production capacity.Workflow
Optimization Add express sorting diversion ports integrating automated control systems and barcode recognition In response to customer feedback on issues encountered Marubi provides a full-shade trial card along with the
technology to effectively reduce parcel transit time. during the use of the product Marubi optimized the full-sized product. If consumers find that the shade
product formula as part of its upgrade efforts and number is not suitable they can replace the full-sized
Automated data acquisition synchronization standardized accumulation and daily data updates.Logistics conducted safety evaluations through human product for a different shade free of charge avoiding
Timeliness The BI online page enables self-service data screening analysis export and sharing enhancing efficiency. trials on sensitive skin significantly enhancing the the inconvenience of discovering that the product
Monitoring Timely identification of logistics node bottlenecks. product's safety and applicability. Simultaneously the doesn't match after opening the full-sized package and
customer's product usage experience was optimized enabling a more worry-free purchasing journey.making the product more suitable for various skin
Through the cloud warehouse operation tracking and analysis module all inventory outbound and types and conditions.inbound data are centrally managed and updated daily significantly improving data accuracy rate.Cloud
Warehouse Unified data standards and the use of the same analysis template by all cloud warehouse specialists
Operation have greatly improved information transparency and reduced information asymmetry.Tracking
Provide multi-dimensional data analysis on turnover inventory alerts inbound/outbound efficiency
to better improve turnover formulate operational strategies and promote sales.System Configuration Optimization Key Performance Indicators
Orders from different regions are shipped from the nearest During the 2024 Tmall Double 11 shopping festival
warehouses in South China and East China to ensure the the collection on-time rate reached
fastest delivery times and the most suitable courier service.Marubi also conducts logistics anomaly investigations
to comprehensively ensure efficient logistics operations 98.5%
significantly shortening logistics cycle time. Marubi Peptide Red Marubi Peptide Red Marubi Peptide Red
Pen Eye Cream 1.0 Pen Eye Cream 2.0 Pen Eye Cream 3.0 Passional Lover Product Trial Card57 Guangdong Marubi Biotechnology Co. Ltd. 2024 Environmental Social and Governance Report Meticulous Craftsmanship Preserving the Beauty of Skin 58
Complaint Management Compliance Training
Adhere to the principles of timely response thorough investigation and rapid resolution when addressing consumer complaints. Marubi maintains a schedule of training sessions for its customer service personnel and marketing team focusing on cosmetics
Regularly analyze complaint data to uncover root causes providing robust support for the continuous improvement of product and regulations online platform guidelines and cosmetics product expertise. This ensures that accurate product information is imparted
service quality. During the reporting period the consumer complaint resolution rate was 100%. to consumers in a manner that adheres to regulatory requirements while safeguarding customers' legitimate rights and interests.Additionally Marubi develops guidelines for live streaming conduct tailored for internal anchors and collaborating partners to
Complaint Types Handling Methods guarantee that their live streaming activities adhere to the established standards.Furthermore Marubi actively encourages its service personnel to participate in professional certification training related to skincare
General Complaints Authorize front-line personnel to handle them quickly and cosmetics aiming to continually enhance their professional service capabilities.Severe issues and Complaints Involving Professional departments conduct rapid and effective analysis and handling Social Advocacy
Legal and Regulatory Issues conduct in-depth analysis of the causes to take preventive measures
During the brand marketing process Marubi adopts a people-oriented approach and promotes emotional and cultural communication in an
Promptly report to the company's leadership for proper handling and orderly manner.Complaints with Material Impact
conduct product recalls when necessary During the reporting period we initiated a series of topics such as "Why Bow to Others' Gazes" and "Stand Out and Shine" encouraging girls
bid farewell to conforming to others' expectations in the workplace embrace their true selves and voice the aspirations of females.Customer Satisfaction Survey and
Enhancement Key Performance Indicators
To gain an in-depth understanding of customer needs and accurately During the reporting period Online customer service
assess service quality Marubi conducted a comprehensive satisfaction rate in 2024 was
meticulous and multi-channel customer satisfaction survey. During
the reporting period customer service satisfaction rates of the 92.27%
Company's multiple platforms increased compared with the same
period last year with a satisfaction rate exceeding 90%.Customer Service Training
Marubi firmly believes that customer service training is a key measure to enhance service quality boost customer satisfaction and
strengthen competitiveness. During the reporting period Marubi carried out multiple customer service training courses such as the
Optimization of Customer Service Reception Process the High-quality Customer Service and the Communication Course - Listening
Ability covering 100% of the customer service staff.Responsible Marketing Scan the QR Scan the QR Code to Watch the Video Code to Watch
the Video
Marubi spares no effort to build a responsible marketing system
and has formulated regulations such as the Product Label and
Marking Compliance Management System and the Advertising
Product Compliance Management System. The content of product
labels and promotional copy must undergo internal review and
confirmation to ensure that market behaviors including customer
service and marketing comply with legal provisions and guarantee
that product promotion is compliant transparent and accurate.Marubi advocates positive values through regular compliance
training ongoing popularization of product ingredient knowledge Detail Page Discloses Ingredients Gaining Consumer Trust
(refer to the annual theme spotlight for details) and marketing through Ingredient Transparency
activities with characteristics.59 Guangdong Marubi Biotechnology Co. Ltd. 2024 Environmental Social and Governance Report Meticulous Craftsmanship Preserving the Beauty of Skin 60
Intangible Cultural Heritage (ICH) Dissemination Uniting Efforts Promoting the Development
Through multidimensional and innovative cultural integration Marubi has propelled ICH into the public eye significantly enhancing social visibility and
outreach while bolstering preservation efforts. During the reporting period we orchestrated a series of "Transforming Adversity into Beauty" heritage of the Cosmetics Industry
promotion activities such as the intangible cultural heritage Cantonese embroidery cloud collars organized a national style aesthetic salon for Marubi
Eye Cream Festival launched cultural co-branded products such as "Marubi New Year Shopping Festival & Chinese Calligraphy Artist Jingyi Zhu" and
"Marubi Eye Cream Festival & International Artist SaSha." These initiatives artfully have fused the aesthetic essence of ICH with contemporary art trends
Drawing on the profound professional capabilities and extensive experience in the beauty industry Marubi has been actively
creating a dynamic synergy that not only preserves cultural heritage but also pioneers new avenues for ICH's evolutionary development.involved in fostering the development and construction of the industry through various activities such as standard formulation
research projects and industry exchanges to promote the standardized and high-quality growth of the entire industry.Participation in the Formulation of Industry Standards
Marubi actively utilizes its professional prowess and expertise to participate in the formulation of industry standards thereby
contributing significantly to the standardization and high-quality advancement of the industry. As of the end of the reporting period
Marubi has led or participated in the compilation of a total of 76 standards. During the reporting period 22 new standards were added
with Marubi leading the formulation of 6 group standards.Co-branded Gift Box
Standard Type Standard Name Standard Number Status Role of Marubi
Case Study The "Transforming Adversity into Beauty" Intangible Cultural Heritage Brand Marketing Activity
Quality Classification and Evaluation Requirements for
Group Standard T/CIET 414-2024 Published Lead
Cantonese Embroidery one of the four renowned embroidery styles in China boasts a long history and profound cultural Front-Runner Eye Cream
heritage. Among its exquisite variations Chaozhou Embroidery (Chao Xiu) originating from the Chaozhou region of Group Standard Cosmetic Ingredients - Recombinant Soluble Collagen T/GDCA 040—2024 Published Lead
Guangdong Province stands out for its meticulous craftsmanship vibrant color palettes and unique compositions. In 2024 Group Standard Green Factory Assessment Standard for Cosmetic Industry T/CIET 544—2024 Published Lead
Marubi drew inspiration from the cloud collars motifs found in Dunhuang murals from the Sui and Tang dynasties taking the Group Standard Guidelines for Carbon Footprint Assessment of Skincare Products T/CIET 543—2024 Published Lead
butterfly as a design muse. We integrated the patterns and hues of Chaozhou Embroidery into our products infusing them Technical Standard for Efficacy Evaluation of Cosmetic
with the essence of intangible cultural heritage and setting a new trend in skincare that celebrates Chinese aesthetics. Group Standard T/UNP 147—2024 Published LeadRepair Function
Group Standard Extract of Leontopodium alpinum T/SMX 0001-2024 Published Lead
Group Standard Method for Determining Bioavailability of Oral Collagen T/FDSA 0050—2024 Published Participate
Technical Specification for Blow-Fill-Seal (BFS) Aseptic
Group Standard T/CIET 357—2024 Published Participate
Product Manufacturing
Quality Classification and Evaluation Requirements for
Group Standard T/CAS 805—2024 Published Participate
Scan the QR Front-Runner Hair Conditioner
Code to Watch Laboratory Quality Control Specification Cosmetic
the Video Group Standard T/CITS 0005—2024 Published ParticipateEffectiveness Evaluation
Laboratory Quality Control Specification Cosmetic Physical
In addition to incorporating intangible cultural heritage elements into product design Marubi further promotes heritage Group Standard T/CITS 0006—2024 Published Participateand Chemical Testing
through online and offline activities. We have forged in-depth cooperation with many inheritors and artists of Chaozhou
Embroidery inviting intangible cultural heritage experts to create works using different intangible cultural heritage Group Standard Evaluation Method for Cosmetic Packaging Compatibility T/GDCA 039—2024 Published Participate
techniques including cloud collars designs Suzhou Embroidery paper-cutting kingfisher feather art filigree inlay and Functional Food Evaluation Method for Body Fat Regulation Group Standard T/FJCA 003-2024 Published Participate
batik. We have also organized intangible cultural heritage-themed exhibitions to showcase butterfly-themed works that Caenorhabditis Elegans Assay
integrate Chaozhou Embroidery elements. Through co-creative interactive activities we have provided consumers with fresh Group Standard Human Evaluation Method for Soothing Efficacy of Cosmetics T/GDCA 038—2024 Published Participate
cultural experiences and encouraged more people to participate in the inheritance of intangible cultural heritage. Group Standard Evaluation Method for Water Washability of Sunscreen Products T/GDCA 041—2024 Published Participate
Group Standard Technical Safety Requirements for Cosmetics T/UNP 144—2024 Published Participate
Green and Low-Carbon Product Assessment Standard for
Group Standard T/UNP 145—2024 Published Participate
Cosmetics
Group Standard Technical Standard for Evaluation of Cosmetic Soothing Efficacy T/UNP 146—2024 Published Participate
Group Standard Inhalation Toxicity Test Method for Sunscreen Sprays T/GDMPAS 001-2024 Published Participate
Group Standard General Requirements for Transdermal Absorption Cosmetics T/ACCEM 024—2024 Published Participate61 Guangdong Marubi Biotechnology Co. Ltd. 2024 Environmental Social and Governance Report Meticulous Craftsmanship Preserving the Beauty of Skin 62
Case Study Supporting the Cultivation of Industry TalentsMarubi Led the Launch Meeting for the "Recombinant Soluble Collagen" Industry Standard
In the process of growth and expansion Marubi actively engages in industry-academia-research collaborations not only supporting
the nurturing of industry talents but also fueling sustainable development with a steady stream of innovative momentum. As of the
In response to the lack of industry standards for recombinant collagen in end of the reporting period the Company has forged collaborative partnerships with universities such as South China University of
cosmetics during the reporting period Marubi took the lead in initiating Technology Jinan University Guangdong Pharmaceutical University and Guangdong Vocational College of Light Industry aiming to
the formulation of the industry standard for Recombinant Soluble jointly foster the development of talents in the cosmetics industry.Collagen together with many experts from industry-academia-research
institutions. The standard clearly targets soluble recombinant collagen Collaborative Projects Project Introduction
a cosmetic ingredient prepared by genetic engineering/synthetic
biotechnology and outlines a comprehensive regulatory system covering
quality control technical requirements and testing rules providing a
reliable reference model for industry production and consumer selection. Marubi partnered with South China University of Technology to jointly nurture postdoctoral
Joint Post- researchers enhancing the postdoctoral innovation practice base's role in fostering industry
doctorate talents and strengthening industry-academia-research collaborations.Case Study The Official Publication of the Only "Front-Runner" Group Standard for Eye Cream in China Training
Against the backdrop of a continuously growing market in the industry Marubi partnered with Jinan University to establish a collaborative cultivation and talent-
through over 20 years of in-depth research into eye care Marubi has built Joint Master's nurturing base for full-time professional degree graduate students on the basis of the
higher barriers in the industry with biotechnology. During the reporting Degree existing undergraduate internship base for specialized majors and collaborated with
period as the first drafting unit it successfully formulated and released the Training Guangdong Pharmaceutical University in jointly nurturing master's degree students. These
Quality Classification and Evaluation Requirements for Front-Runner Eye collaborating graduate students can commence their scientific research practice at Marubi.Cream Group Standard (T/CIET414-2024). The release of this group standard
not only represents an authoritative recognition of the quality of Marubi eye
creams but also affirms Marubi's leading position technical prowess and During the reporting period Marubi embarked on university-enterprise cooperation with
innovative capabilities in the formulation of beauty and cosmetics industry Guangdong Vocational College of Light Industry aiming to jointly cultivate high-quality and
standards. It signifies that Marubi eye creams have reached the industry- applied talents possessing excellent professional qualities and practical skills.leading levels in terms of safety effectiveness innovation and other aspects.Participating in Industry Exchanges
Internship Base
Marubi actively participates in industry associations and industry exchanges leveraging these platforms to share its professional and
experiential advantages to contribute wisdom and strength to the development of the industry.
2024 Synthetic Biology and Biological 2024 Huicheng Medical Aesthetics Innovation Conference and CMATI
Manufacturing Application Conference China Medical Aesthetics Technology Innovation Festival63 Guangdong Marubi Biotechnology Co. Ltd. 2024 Environmental Social and Governance Report Meticulous Craftsmanship Preserving the Beauty of Skin 64
Collaborating with Partners Fostering a Green Procurement
Marubi follows the concept of green procurement advocating preferential use of raw materials with less impact on the environment
Win-Win Beauty Ecosystem and human body gradually integrates the principle of sustainable development into supplier management and review continues to
implement sustainable procurement procedures and improves the sustainable attributes of the whole industrial chain.As required by Marubi the suppliers' product should contain information about hazardous substances recyclable materials etc. To
Marubi remains committed to collaborating with its upstream and downstream partners to foster mutual growth ensure the validity of green procurement Marubi implements environmental audits and regular training. During the reporting period
prosperity and beneficial outcomes. It generously shares its extensive experience and technological advancements we held a supplier conference and conveyed the ESG concept and expectations regarding sustainable development to suppliers
garnered from years of development with its suppliers and distributor partners. This collaboration aims to jointly promote proposed an initiative to produce sustainable products and strengthened sustainable management among suppliers.sustainable development and forge resilient stable partnerships.Key Performance Indicators
Sustainable Supply Chain The raw materials complying with organic certifications such as As of the end of the reporting periodCOSMOS is the first choice
the weight proportion of RSPO-
Key Performance Indicators
Marubi has formulated supplier management system documents such as the Supplier Prioritize the procurement of the raw materials complying with the certified palm oil derivatives
Management Manual specifying the full lifecycle from introducing suppliers audit Roundtable Sustainable Palm Oil (RSPO) As of the end of the reporting period purchased accounted for
procurement cooperation and evaluation management to elimination. According to the reporting period the proportion of Prefer the suppliers who adhere to the Nagoya Protocol
open fair and just principles Marubi utilizes a supplier management platform to systematically local procurement reached
regulate supplier relationships continually enhancing the stable and sustainable supply chain. Encourage packaging materials suppliers to use environmentally 11.10%
To improve procurement efficiency and control supply risks Marubi has adopted a centralized friendly inks
procurement request submission channel established a comprehensive procedure 100% Favor the procurement of packaging materials with FSC certification
encompassing request submission procurement and acceptance inspection and optimized
the execution timing and rhythm of the supply chain backend thereby ensuring sufficient
procurement cycle time. Distributor and Store Management
During the reporting period Marubi continued to deepen the integration of supply chain data.At the front end we strengthened the connection with sales data to improve the accuracy of
market demand forecasting reduce inventory backlogs and accelerate inventory turnover. Marubi has established a continuous empowerment system for distributor partners to promote collaborative development. During
At the back end it achieved in-depth integration with key information such as cloud-based the reporting period we carried out diversified trainings. For partners in the daily chemical field 853 medium-to-large-scale training
warehousing and logistics enhancing the flexibility and rapid market responsiveness thereby sessions were held (covering 50600 participants). Partners in the department store field organized 464 training sessions (covering
improving overall supply chain efficiency. nearly 10000 participants) and cultivated over 450 department store trainers. For partners in the cosmetics field nearly 20 offline and
online training sessions were implemented (covering more than 4000 participants) and by guiding distributors to independently carry
Supplier ESG Governance out terminal activities such as private sessions and salons comprehensively enhancing their market service capabilities.At the procurement stage Marubi prefers to select suppliers with green qualifications and a sound management system encompassing
production management environmental protection safety and business ethics. When signing contracts Marubi included environmental
and occupational health and safety notices as attachments requiring suppliers to comply with relevant regulations in these areas. For some
key suppliers Marubi conducts regular ESG audits to enhance the sustainability level of the supply chain.Throughout the collaboration Marubi adheres strictly to the principle of transparent procurement annually signing the Integrity Cooperation
Agreement with suppliers and providing whistleblowing channels. Internally Marubi conducts integrity training for procurement personnel
focusing on topics such as gift handling and conflict of interest. We also incorporate integrity indicators into their performance appraisals and
implement a rotation policy every 2-3 years to ensure continued vigilance.Conduct Beauty Classes/Salon Providing Members with Seasonal Skincare Knowledge and Expert GuidanceEnvironmental
Protection Safeguarding
the Beauty of Ecology
Marubi stays committed to building a green enterprise featuring "cleanliness
high efficiency low carbon and recycling" and aims to realize the sustainable
and green growth. We actively align with the national strategic objectives
of achieving carbon peaking and carbon neutrality goals and consistently
invest in environmental protection management addressing climate change
conserving resources managing emissions and promoting green building
practices. We continuously optimize the environmental management
system adopt lean production methods and rigorously manage energy
resources and emissions aiming to forge ahead towards a greener and more
sustainable future.Marubi's Actions
Environmental Protection Management Resource Conservation
Addressing Climate Change Promoting Green Office
Emissions Management
Highlights of Performance
Environmental protection investment:
CNY 2.92 million
Electricity consumption per unit of output decreased by
45.7% compared to last year Contributing to the UN SDGs
Greenhouse gas emissions per CNY million revenue decreased by
5.02%67 Guangdong Marubi Biotechnology Co. Ltd. 2024 Environmental Social and Governance Report Environmental Protection Safeguarding the Beauty of Ecology 68
Embracing Green Values Improving Low-Carbon Transformation
Environmental Management Addressing Climate Change
Marubi prioritizes environmental protection as a core responsibility committing to protecting the environment. We adhere to Marubi actively responds to the national strategy of carbon peaking and carbon neutrality goals enhancing the application
the four basic environmentally friendly principles namely "low energy consumption for product use low production resource of clean energy and striving to reduce energy consumption through technological innovation and equipment improvement.demands harmless raw materials and low recycling cost." We strictly comply with environmental-related laws and regulations Marubi continuously improves energy management performance and enhances energy utilization efficiency.established a comprehensive environmental management system and ensuring the implementation and supervision through the
Safety and Environmental Protection Department. Driven by innovative concepts technologies and processes we continuously
promote energy conservation emission reduction consumption reduction and efficiency improvement in production and
operation to ensure compliance with the requirements of the ISO 14001 Environmental Management System Certification. Energy Management System
Marubi strictly complies with energy-related laws and regulations
Marubi strictly implements the requirements of environmental impact assessment and the Key Performance Indicators continuously improves the Energy Management Manual. We have
"three simultaneous" principle of environmental protection for new construction reconstruction formed an Energy Management Leadership Team headed by the
and expansion projects. Marubi continuously identifies evaluates and updates environmental 5C Center Plant Manager to continuously optimize the energy
impact factors to provide a scientific basis for formulating environmental protection objectives During the reporting period management system and ensure the effective operation of the ISO ISO50001 Energy
indicators and control measures. Environmental protection facilities are constructed and Environmental protection investment 50001 energy management system. We focus on comprehensive Management System
maintained as required to ensure compliance with emission standards and effectively control process management and optimizing energy structure committing Certification Certificate
environmental risks and impacts. Furthermore we also organize environmental protection- 2.92 to continuously reducing energy consumption and improving energy related training to enhance employees' environmental awareness and practical skills. CNY million utilization efficiency to achieve refined energy management.In order to enhance the emergency response capability to sudden environmental incidents
control and handle accidents in a timely and accurate manner effectively carry out emergency
response and mitigate the harm caused by environmental pollution incidents Marubi has Carbon Neutrality Action
established an environmental emergency management system in accordance with the
requirements of the National Emergency Plan for Sudden Environmental Incidents and other
Marubi remains committed to its energy policy of optimizing energy structure and implementing comprehensive process management and
relevant laws and regulations. We have set up a management agency adopted environmental
continuously optimizes management frameworks such as the Resource and Energy Conservation Management System and the Control
risk prevention measures established a risk early warning mechanism formulated emergency
Procedure for Energy Objectives Benchmarks and Performance Parameters. During the reporting period electricity consumption per unit
plans for sudden environmental incidents and organized relevant emergency drills.of output decreased by 45.7% compared to last year. Marubi continues to set emission reduction targets and implementation plans with
rigorous tracking and enforcement to gradually reduce carbon emissions. During the reporting period Marubi has currently conducted
During the reporting period the ISO 14001 Environmental Zero carbon footprint accounting for three products such as the "Marubi Multiple Peptide Firming and Anti-wrinkle Eye Cream" and the "Marubi
Management System remained effective and Marubi obtained environmental
accidents Recombinant Collagen Ampoule Essence." By purchasing carbon credits we achieved full-year product carbon neutrality for 2023.2024 Guangdong Provincial Green Factory certification.occurred.Guangdong Provincial Environmental Management System Product Carbon Footprint Report Product Carbon Neutrality Certification
Green Factory Certification Certificate69 Guangdong Marubi Biotechnology Co. Ltd. 2024 Environmental Social and Governance Report Environmental Protection Safeguarding the Beauty of Ecology 70
Risk Type Risk Description Measures Achieve multi-dimensional query and analysis of energy Customize and develop the energy dashboard module
consumption data for the entire factory secondary to realize "one-picture" energy management
Production interruptions depreciation of fixed energy-consuming units and key equipment assisting
assets labor losses and increased facility Formulate emergency plans for extreme weather and sudden enterprises in achieving refined energy management
Acute Risks maintenance costs caused by extreme weather environmental incidents
Physical (such as heavy rain typhoons floods high Implement regular inspections and early warnings
Risks temperatures etc.)
Chronic Climate warming leading to increased operating Formulate climate change emergency plans
Risks costs Strengthen equipment maintenance management
Improve the energy management system and the dual-carbon
Government requirements for carbon- management system optimize the energy structure and
Policy and related information disclosure are becoming implement energy conservation and carbon reduction measures
Legal Risks increasingly strict placing growing pressure on and strengthen the R&D of green and low-carbon technologies Multi-Dimensional Query and Analysis "One-picture" Energy Management
companies' compliance management Track relevant laws and regulations and promptly conduct
research and analysis on relevant policies related to this risk
Increase research investment in the direction of green and Technical Energy Conservation
Introduce energy-saving and consumption-
Techno- low-carbon development
reducing equipment or clean technologies to
Transfor- logical Risks Carry out energy-saving technical transformations to Marubi is committed to enhancing energy efficiency and minimizing energy consumption by continuously upgrading its energy-promote carbon emission reduction
mation improve equipment efficiency consuming equipment with the ultimate goal of establishing a green and low-carbon enterprise.Risks
Affected by climate change global energy
transformation the prices of energy water and Layout the R&D of green technologies and green supply
Market Risks
raw materials rise leading to an increase in chains to respond to market changes According to market trends and product characteristics Introducing A total of 82.01million units were produced
production costs Marubi introduced BFS equipment which uses more BFS reducing the use of less eco-friendly packaging
environmentally friendly PP materials as product
If the Company does not actively engage in equipment materials such as conventional glass bottlesEnsure compliant information disclosure to meet legal packaging
climate change response actions it may not be
Reputation requirements
able to meet the expectations from consumers
Risks
and other stakeholders resulting in damage to Strengthen the monitoring of negative public opinion proactively By optimizing the production process and integrating
Optimizing
its own image and reputation. follow up on rectification and reduce negative impacts equipment features the intermittent production was ampoule Electricity savings amounted to
production adjusted to continuous production reducing the energy 17850
Risk Identification and Response Measures Related to Climate Change equipment loss during the repeated startup shutdown and waiting
kWh
Digital Energy Management of the equipment
To meet the demand for strengthening digital energy management Marubi has carried out the renovation and installation of water Optimizing Strengthened the control of incoming packaging
electricity and steam meters and achieved IoT communication for these meters. Simultaneously we have planned and constructed packaging Electricity savings and water materials from suppliers improved packaging
a basic energy management platform to realize automatic data collection storage realize automatic meter reading output energy material
reached savings totaled
cleanliness optimized the packaging sterilization
consumption management reports and achieve digital energy management. A total of 66 smart electricity meters 4 water meters 3 sterilization 79794 kWh 3501 tons
methods process to reduce energy consumption
steam meters and 1 natural gas meter have been replaced to enable real-time online data collection.Develop online monitoring interfaces for energy Realize the automatic meter reading function of on- Human infrared smart induction switches have been Energy-saving electricity consumption
measurement networks such as electricity and water site meters according to installation positions. Achieve Renovating installed to intelligently manage electricity usage
meters and provide data analysis functions. intelligent meter reading in multiple dimensions such corridor energy- reducing energy waste caused by leaving switches
reduction was
saving lamps
as daily monthly yearly and customized intervals on for extended periods in unoccupied states due to 38223.36 kWh
eliminating the workload of manual meter reading manual operation
Introduced a new generation of air compressor
Introducing units with first-class energy efficiency optimized
Variable Electricity savings were
Frequency Air and shortened the pipeline layout to reduce the
Compressor compressed air loss caused by excessively long
68913 kWh
pipeline thus reducing energy consumption
Energy Conservation Projects During the Reporting Period
Energy Measurement and Analysis Automatic Meter Reading71 Guangdong Marubi Biotechnology Co. Ltd. 2024 Environmental Social and Governance Report Environmental Protection Safeguarding the Beauty of Ecology 72
Utilization of Clean Energy Classification of Waste Pollution Prevention and
Gas Emissions Control Measures
Marubi is actively promoting the utilization of clean energy by installing PV power stations on factory rooftops successfully
implemented the grid-connected PV system in 2018. During the reporting period the installed capacity of rooftop PV stations reached
660.06 kW generating a total of 609157.6 kWh of electricity. 21660 kWh were supplied to the power grid while 587497.6 kWh was Enhancing the thermal efficiency of boilers and utilizing environmentally friendly fuels.
consumed internally resulting in an equivalent carbon emissions reduction of 347.40 tons. In addition the Company purchased green Waste gas
electricity methanol as a fermentation raw material and replaced traditional materials with green electricity methanol in the process of emitted from
gas-fired Dust produced
fermentative recombinant functional proteins using Pichia pastoris. boilers during the
mixing process of Purifying the exhaust gas through a spray box and subsequently discharging it
production line
the installed capacity of rooftop PV while into the atmosphere at a safe altitude.Waste gas ingredientsstations reached
generated
660.06 587497.6 kWh by standby KW generators in Ensuring effective ventilation and deploying a pulsed back-blowing industrial was consumed internally
operation dust collection system achieving a filtration efficiency exceeding 99% for dust
resulting in an equivalent carbon particles larger than 0.3μm.generating a total of
emissions reduction of
609157 Pollution Prevention and Control of Waste Gas EmissionskWh of electricity 347.40 tons Wastewater Classification of Wastewater Emissions Pollution Prevention and Control Measures
Management Industrial wastewater is centrally treated by the supporting sewage
21660 kWh The wastewater primarily includes treatment facilities and discharged into the municipal sewage industrial wastewater and domestic pipeline network after meeting the standards. The resulting sludge
were supplied to the power grid sewage. Marubi continuously promotes Industrial is compressed using a plate-and-frame filter press and subsequently
the daily supervision mechanism for Wastewater recycled and reused by a third-party organization and then is made
Rooftop PV Site wastewater treatment ensuring that
into the new wall material through sintering.regular monitoring and inspection of all Domestic wastewater must undergo three-stage septic tank and
treatment units. Additionally Marubi has meets the local standard for the second period of time before
Clean Production Reducing newly invested in the construction of a
Domestic
discharging into the municipal sewage pipeline network.sewage treatment station. Sewage
Environmental Footprint Pollution Prevention and Control of Wastewater Discharge
Case Study New Sewage Treatment Station
Marubi strictly complies with the relevant laws and regulations such as the Regulations on Urban Drainage and Sewage
Treatment the Solid Waste Pollution Environment Prevention and Control Law the Air Pollution Prevention and Control During the reporting period Marubi launched a new sewage treatment
Law and the Noise Pollution Prevention and Control Law continuously enhancing internal management regulations such as station to treat high-concentration wastewater from the cleaning
the Control Procedures for Wastewater Exhaust Gas and Noise and the Waste Control Procedures as well as the emissions of reaction kettles in the production workshop. Due to significant
management system. Marubi strengthens daily emissions monitoring and conducts regular third-party monitoring to ensure fluctuations in wastewater quality and the relatively high temperature
the effective implementation of various environmental protection measures. (60-70 ℃ ) a comprehensive process of "coagulation sedimentation +
IC reactor + contact oxidation method" was adopted. The treatment
process includes the wastewater cooling adjustment coagulation
Waste Gas Management sedimentation anaerobic hydrolysis and acidification biochemical
degradation and final secondary sedimentation tank separation. The
The primary sources of waste gas emissions stem from boilers and standby generators during operation as well as dust generated treated wastewater will meet the standards of the Water Pollutant
during the mixing process of production line ingredients. To effectively prevent and control waste gas emissions Marubi has Discharge Limits of Guangdong Province with COD concentration
established a comprehensive and standardized mechanism formulated a waste gas monitoring plan and maintained a monitoring reduced to below 500 mg/L and online COD monitoring equipment
ledger. During the reporting period Marubi successfully completed the renovation project of steam boiler combustion engines is installed for real-time monitoring. The entire system ensures that
significantly reducing atmospheric pollutant emissions. the treated wastewater can meet the discharge standards effectively
reducing the impact on the environment. Automatic COD Sewage Monitoring Equipment73 Guangdong Marubi Biotechnology Co. Ltd. 2024 Environmental Social and Governance Report Environmental Protection Safeguarding the Beauty of Ecology 74
Environmentally Friendly
Solid Waste Management and Resource Conservation
The solid waste generated during the production and operation is mainly divided into recyclable waste non-recyclable waste
hazardous waste and domestic waste which are uniformly collected and then handed over to qualified suppliers for disposal.Hazardous wastes mainly include reagents and others generated during the R&D and production processes non-hazardous wastes Marubi strictly complies with resource management regulations such as the Water Law and the Opinions of the National
comprise general industrial waste and domestic waste. Development and Reform Commission and Other Departments on Further Strengthening the Conservation and Intensive
Use of Water Resources and continuously optimizes the Resource and Energy Conservation Management System to control
water raw materials packaging materials and other resources to achieve effective utilization of resources.Recyclable waste Non-recyclable waste Hazardous waste Water Resource Management
Collection sites are established Stored in designated fixed storage After collection it is sent to a Marubi adopts measures such as strengthening water-saving management optimizing equipment maintenance and enhancing valve
in public areas for the purpose of areas and then gathered to be sent to a third party with qualifications internal leakage management to carry out water resource conservation management.gathering waste which is subsequently third-party with disposal qualifications for the treatment of hazardous
collected and dispatched to a third- for appropriate treatment. waste for standardized disposal.party entity possessing recycling
qualifications for further processing.Water Conservation Management Valve Internal Leakage Management
Case Study Hazardous Waste Intelligent Terminal Printing Equipment
Routine inspections are strengthened to minimize New technologies and
water wastage. processes are adopted in
In accordance with the Technical Specifications for the Installation of Identification
Marks for Hazardous Waste and in response to the requirements of the Ecological The cooling water volume is adjusted accordingly
design installation and
procurement to guarantee
Environment Bureau Marubi has purchased intelligent terminal equipment to based on seasonal changes and unit conditions the quality of valves.conduct standardized management of hazardous waste labels. Each label is equipped ensuring both safety and economic efficiency.with a unique digital identification code and QR code realizing the "one item one The operation and maintenance of the thermal A regular valve leak detection
code" for hazardous waste. This system facilitates electronic full-process traceability system are enhanced to mitigate leaks and minimize system is established
management of hazardous wastes generated during the production and operation water replenishment. with detection points
process of the factory achieving information-based management across all stages of installed on critical drainage Hazardous Waste Intelligent Terminal
hazardous waste and reducing environmental protection management risks. The reuse rate of wastewater increased leading to a valves enabling real-time Printing Equipment reduction in external discharge. monitoring and addressing
Regular equipment maintenance is conducted to of any abnormalities.Key Performance Indicators eliminate leaks and spills further minimizing water loss.During the reporting period
Non-hazardous solid Non-hazardous solid Sludge recycled Hazardous solid
waste recycled waste reused waste disposed
Case Study
66.70 397.05 47.08 2.17 Renovation of the Emulsification Tank Circulating Cooling Watertons tons tons tons
During the reporting period Marubi renovated the cooling water circulation pipeline of the emulsification tank. After use
the return flow of cooling water is first directed into a make-up water tank and then flows through a return pipe into a heat
Noise Management exchanger for cooling before being recycled. This approach realizes the balanced distribution of the emulsification cooling
water thus shortening the cooling time of the emulsification tank improving the efficiency of use and increasing the
The noise pollution is mainly generated by the air conditioning units cooling towers and standby generators during operation. Marubi production volume. The cooling time per pot has been reduced by 30-40 minutes compared with the original with cooling
continuously monitors and manages the environmental noise at the factory boundary and high-intensity noise sources within the production efficiency increased by 30%~50% boosting overall production efficiency.area according to the monitoring plan and regularly lubricates and maintains the equipment generating high noise. When purchasing new
equipment Marubi selects equipment with high precision and low noise aiming to effectively prevent the generation of noise pollution.75 Guangdong Marubi Biotechnology Co. Ltd. 2024 Environmental Social and Governance Report Environmental Protection Safeguarding the Beauty of Ecology 76
Raw Material and Packaging Materials Management Project Content and Effectiveness
Marubi has formulated the Raw Material Conservation Management System and the Packaging Material Reduction Implementation Optimize equipment disinfection process and reduce alcohol usage for disinfection. Control the use of
Plan systematically advancing efforts to minimize raw material consumption and packaging waste. Through measures such as Reducing gloves during production process under the condition of ensuring quality standards to reduce material
optimizing procurement processes refining production workflows and strengthening inventory management we are further curbing Auxiliary Material losses. Improve the skill level of equipment operators to decrease the consumption of consumables.resource wastage. These initiatives drive sustainable development and underscore our commitment to environmental stewardship. Consumption in By controlling auxiliary material waste in the production process Marubi saved about 10.90 tons of alcohol
Production Process more than 200 boxes of latex gloves and reduced 50L of the cleaning water for the inkjet printer (hazardous
Raw Material Conservation waste) during the reporting period.Marubi consistently optimizes the production processes to lower raw material consumption. During the reporting period a series of After the introduction of PE turnover boxes the use of turnover cardboard boxes decreased by 36000
conservation measures were implemented effectively reducing both waste generation and water consumption while simultaneously Introduction of PE compared with 2023 saving a total of 12.5 tons of cardboard boxes. Calculated based on the fact that
enhancing production and minimizing losses. Turnover Boxes 0.7 kilograms of CO2 equivalent are produced per kilogram of cardboard box manufactured this has
indirectly reduced carbon emissions by approximately 8.8 tons.Optimization of By increasing the use of universal packaging boxes the number of SKUs was streamlined from
Optimizing Production Scheduling Optimizing Production Processes Packaging Box Use more than 30 to 11.By optimizing filling production scheduling By optimizing the production scheduling Establish a cardboard box recycling system to screen intact boxes after unpacking with 30% of them
stabilizing filling standards and continuously method Marubi effectively manages input Cardboard Box being reused within the department reducing the use of new cardboard boxes. For the remaining 70%
producing the same products avoiding losses volatilization losses sticking losses Recycling of non-recyclable discarded cardboard boxes are collaboratively handled with professional recycling
the losses caused by pot washing and during the production process and the suppliers to ensure the environmentally friendly disposal and maximize recycling value.minimizing the loss of defective products amount of paste sent for inspection. The From the outer express box to the inner product paper box promote the coverage of the use Optimization
thereby reduce the consumption of paste. paste output rate has reached 99.62% of zipper tear boxes replacing the traditional packaging of plastic film and paper box thereby of Express Box
representing a YoY increase of 0.16%. reducing the use of shrink film. Adopt minimalist designs instead of complex printing to reduce Packaging Materials
the use of chemical inks and paper.Replacement Cores By selling replacement cores for products the waste of full-sized packaging materials is reduced. During
Packaging Materials and Waste Management for Sold Products the reporting period nearly 600000 full-sized packaging materials were saved in total.Marubi remains committed to optimizing the utilization of packaging materials aiming to minimize both consumption and waste. During
the reporting period Marubi carried out a number of optimization tasks for packaging material use recycled cartons and optimized the Case Study 恋火气垫替换芯
product packaging material design to reduce material usage effectively reducing the environmental impact of packaging material use. Marubi Empty Bottle Recycling Program
During the reporting period Marubi launched the Empty
Bottle Recycling Program for Golden Needle products
encouraging consumers to collect used single-dose
empty tubes and exchange them for new products
thereby contributing to environmental protection efforts.PE Turnover Boxes
Passional Lover Cushion Replacement Refill77 Guangdong Marubi Biotechnology Co. Ltd. 2024 Environmental Social and Governance Report Environmental Protection Safeguarding the Beauty of Ecology 78
Collaborative Green Initiative
Advocating Green Office Green Environmental Protection Publicity
Marubi actively promotes a resource-efficient and environmentally friendly green office. Leveraging internal energy
management systems Marubi actively disseminates the concept of green office and encourages employees to adopt green
and low-carbon work and lifestyle habits.To enhance resource utilization efficiency and reduce energy consumption and environmental pollution caused by office
operations Marubi adheres to the following green office measures and promotes the concept of green energy conservation
and environmental protection as well as office energy conservation measures to employees by issuing energy conservation
and low-carbon initiative letters and energy conservation publicity posters.Drinking Water Management Office Paper Management
Encourage employees to bring their own Advocate saving office paper and using double-
water cups and advocate the recycling of sided paper for documents that do not require
bottled water containers. preservation.Lighting Management Vehicle Usage Management
Implement a lighting management system Optimize the utilization of company vehicles
where lights are turned off when leaving the and minimize redundant trips. Transitions to
room. Maximize the use of natural daylight electric commuting buses and gradually phase
during daytime hours to minimize the need out fuel-powered vehicles to reduce carbon
for lighting and conserve electricity. Case Studyemissions. Tree Planting Activity
Air Conditioning Usage Management Low-carbon Equipment Usage
Maintain the air conditioning temperature In order to encourage employees to care for trees and raise their awareness of the vital importance of trees to human and the Install charging stations for electric vehicles and
at a minimum of 26℃ in summer and a Earth's ecological environment during the reporting period Marubi organized a tree planting activity titled "Planting for Greenery purchase energy-saving office equipment.maximum of 20℃ in winter. Building a Sustainable Future Together" aiming to ignite employees' enthusiasm for forest conservation and protection.Garbage Classification
Continuously promote the garbage
classification leadership team optimize the
garbage classification implementation plan and
management system to put domestic garbage
classification in place.People-Oriented Composing
the Beauty of Harmony
Marubi upholds the core philosophy of people-oriented embodying the virtues of loyalty pragmatism unity
innovation and gratitude. Marubi has comprehensively enhanced its human resources system encompassing
recruitment hiring training retention and management to foster the growth maturity and success of its
employees. We emphasize employee welfare ensures their health and foster a nurturing and supportive
workplace environment. Furthermore we actively fulfill social responsibilities pay attention to vulnerable
groups and collaborate with various stakeholders in society to foster a harmonious community.Marubi's Actions
Protecting Employee Rights and Interests
Diversity and Inclusion
Offering Competitive Compensation and Benefits
Smooth Communication Channels
Empowering Employee Development
Caring for Employees with Consideration
Safeguarding Employee Health and Safety
Contributing to Community Development
Highlights of Performance
Proportion of female employees
68.19%
Coverage rate of work-related injury insurance
and work safety liability insurance
100% Contributing to the UN SDGs
Major work-related injury or fatality accidents
081 Guangdong Marubi Biotechnology Co. Ltd. 2024 Environmental Social and Governance Report People-Oriented Composing the Beauty of Harmony 82
Equity and Diversity Protecting Enhancing Recruitment Professionalism
During the reporting period Marubi organized multiple interviewer training courses to further improve the professional competencies
Employee Rights and Interests and enriched talent evaluation methods by incorporating work samples and case analysis into the assessment process enabling a multi-
dimensional evaluation of candidates' capabilities.Marubi always adheres to the concepts of gender equality and employment diversity embraces young talent and is committed to building
Marubi has always regarded the protection of employees' basic rights as an important responsibility and strictly adheres a diverse inclusive and youthful talent team. Despite the challenging market economic environment we still attract high-quality talents.to national laws and regulations to ensure that employees enjoy legitimate rights such as wages working hours vacations During the reporting period 99 new employees were added through campus recruitment and social recruitment injecting more young and
social insurance and democratic communication. highly educated talents into Marubi. As of the end of the reporting period we had 1185 employees with the following employee structure.Equality and Diverse Integration
31.81%6.16%1.35%
Marubi strictly abides by the laws and regulations such as the Labor Law the Labor Contract Law and the Social Insurance Law
practices compliant employment prohibits forced labor and child labor and opposes all forms of employment discrimination and 44.47%
workplace harassment. The Company adheres to equal employment upholds the principles of open recruitment fair competition 37.30%
merit-driven hiring and prioritizing internal candidates to standardize the recruitment process. By Education By Gender 44.47% By Age 54.18%
Background
Eliminating Child Labor and Preventing Harassment and 68.19%
Forced Labor Discrimination
Female Master's degree and above 50 years old and above
All new employees are mandated to provide verification To address these issues Marubi regularly conducts anonymous
documents including copies of their identification cards 360-degree surveys among managers to gather pertinent Male Bachelor's degree 30 to 50 years old
and academic credentials to authenticate their identity and information. In the event of discovering suspected incidents Junior college degree and below Under 30 years old
safeguard against any instance of hiring minors. During their Marubi conducts undercover investigations to authenticate the
employment tenure Marubi strictly prohibits the withholding of veracity of the incidents and offers psychological counseling to
employees' identity documents forbids the assignment of any the victims.work that violates their will respects the right to freely choose
the work and ensures the elimination of forced labor.Key Performance Indicators
As of the end of the reporting period
Female in senior management Employees with disabilities
42.86% VeteransEthnic minority employees 4
147 1083 Guangdong Marubi Biotechnology Co. Ltd. 2024 Environmental Social and Governance Report People-Oriented Composing the Beauty of Harmony 84
Compensation and Benefits Company Benefits
Marubi has formulated relevant management regulations such as the Compensation Management System and the Benefits
Management System to provide employees with legal and comprehensive compensation and benefits and shares the achievements of Holiday Care
enterprise development with employees.edding gift Afternoon tea
Compensation and Talent Motivation Baby gift Holiday benefits
Health gift Internal purchase discounts
Marubi firmly adheres to the principle of equal pay for equal work and upholds the basic rules of fairness competitiveness motivation acceptability
adaptability and legality. In addition to being compliant with local provisions and exceeding the local minimum wage the Company benchmarks Birthday party
its compensation levels against those in the same industry and regional market. Compensation adjustments are made based on factors such as Health Protection
job value work experience professional expertise and individual performance thus ensuring the ongoing competitiveness of the compensation
structure. It comprises a fixed base salary variable incentives and additional welfare subsidies. Bonuses are awarded based on employee Commercial accident Annual physical
performance fostering a culture of shared interests and risks that encourages employee engagement and enthusiasm. insurance examination
During the reporting period Marubi added a new specialized incentive program aimed at recognizing and rewarding proposals that align with
"618" Shopping Festival Benefits Distribution
strategic objectives such as "innovation-driven growth" and "energy/cost reduction with efficiency enhancement." Employees who submit feasible Convenient Services
plans that are successfully implemented and yield remarkable results are eligible for corresponding incentives. This incentive initiative spans Parking and parking space management
multiple areas including business innovation product R&D product packaging design supply chain management and system construction
among others. By doing so Marubi seeks to stimulate innovation-driven enthusiasm across all employees and bolster its sustainable development. Learning and Growth
Employee Benefits Onboarding package Training allowance
Marubi advocates the values of "learning by heart concentrating on work and living happily." In addition to providing basic statutory Subsidies
benefits for all employees we also provide unique benefits in aspects such as holiday care medical health service facilities
opportunities for learning and growth to improve the happiness of all employees. For part-time employees commercial insurance is Full attendance bonus Mobile phone bill subsidy
purchased for them they are regularly reminded to pay individual income taxes and job skill training is provided for them to protect Lunch subsidy Laptop subsidy
the legitimate rights and interests of part-time employees. Transportation subsidy Business trip subsidy
Statutory Benefits Filial Piety salary High-temperature subsidy
Mid-Autumn Festival Gifts
Endowment insurance work-related Statutory paid leave statutory annual
injur y insurance unemployment leave marriage leave maternity leave
insurance maternity insurance medical bereavement leave prenatal examination Democratic Communication
insurance housing provident fund leave paternity leave lactation leave etc.To build a good communication bridge with employees and Employee Communication Channels
foster a working atmosphere of mutual trust and shared progress
Marubi has formulated the Comments and Suggestions Collection
Handling and Feedback System. This system incorporates various
democratic communication channels to deeply understand
employees' mentalities and earnestly listen to their demands.The HR Department regularly classifies and summarizes these
suggestions assigning them to the appropriate departments for Suggestion OA "I Make Face-to-face
processing. Following the department heads' handling the HR Mailbox Suggestions for Feedback
Department announces the outcomes at employee meetings the Company"
ensuring the timely and effective collection processing and Column
feedback. During the reporting period the employee feedback
resolution rate was 100%.Paid Leaves
Five Social Insurances
and One Housing Fund85 Guangdong Marubi Biotechnology Co. Ltd. 2024 Environmental Social and Governance Report People-Oriented Composing the Beauty of Harmony 86
Empowering Employees Training Platform and Instructor Team Development
During the reporting period Marubi Academy underwent a complete upgrade ushering in the 2.0 era. Marubi Academy revamped its
Achieving Employees' Dreams knowledge classification and content providing clearer course guidelines and more practical skill-building and management courses.To empower employees and enhance their professional technical and leadership capabilities Marubi Academy selects 10 high-quality
courses quarterly and rewards outstanding departments and employees to stimulate enthusiasm for learning.Marubi holds a firm belief that employees are the most valuable asset and prioritizes employee training and development In addition Marubi attaches great importance to the development of the instructor team. By combining internal selection with external
establishing a multi-tiered training system that empowers diverse talents to grow. Additionally the Company creates diverse recruitment it has formed a high-caliber and professional team of instructors. Marubi ensures the quality and effectiveness of training
career paths to assist employees in continuously enhancing their capabilities and potential enabling them to achieve their courses by offering regular training and skill enhancement opportunities for instructors. An instructor incentive mechanism is also
personal self-actualization. established to encourage active participation in course design and training innovation.Employee Cultivation Key Performance Indicators
During the reporting period
Guided by the values of lifelong learning and practice Marubi strives to establish a competitive learning environment and cultivate
professional dedicated and focused talents. Leveraging the comprehensive online learning platform of Marubi Academy we implement New courses added to Marubi Academy Total employee training hours Employee training coverage rate
a three-level training system encompassing new employee orientation professional skill enhancement general management capability
development and leadership training. This comprehensive approach supports the execution of the corporate strategy business expansion 155 49523 100%
and the enhancement of human capital value. According to the Training Management Measures we clearly define the training objectives
content forms and assessment standards to ensure the systematic and effective implementation of training initiatives. Additionally we
establish learning files for employees record their learning and growth tracks and provide a basis for their career development. During the
reporting period we comprehensively upgraded the talent cultivation system strengthened the internal training framework and the job
qualification system added multiple cutting-edge technology and management courses and optimized the content and forms of traditional Case Study
courses to ensure the practicality and forward-looking nature of the training programs. Marubi YOUNG Program & 2024 Campus Recruit Training Camp Concluded Successfully
Three-Level Training System During the reporting period Marubi launched the Marubi
YOUNG Program Training Camp for fresh campus recruits.The camp covered a diverse range of topics from unraveling
Cultivation Level Cultivation Objectives Cultivation Methods
the mysteries of product R&D and crafting personal career
blueprints to gaining keen insights into market trends and
Through joint cultivation projects with well-known training/educational engaging in collaborative discussions on corporate culture.institutions such as Sun Yat-Sen University and China Europe International This comprehensive program enabled new hires to gain
Talents with
Cultivation of Business Online such as the EMBA courses of Sun Yat-sen University and the a clearer understanding of the industry landscape and
coordinated
senior managers Leadership Development Program cultivate business partners who have a formulate more defined future career plans. In addition
management skills
strategic perspective the cultural genes of Marubi comprehensive operation Mr. Huaiqing Sun the Chairman of Marubi attended the
and management capabilities and can take overall charge of the situation ceremony participated in face-to-face interactive exchanges
with the new employees and engaged interactions filled the
newcomers with great motivation and inspiration.Cultivation of Committed to cultivating the management elites of different specialties
middle-level Management experts through educational promotion improving the professional capacity of the
managers middle level staff and strengthening the backbone force Leadership Training
Marubi has established a comprehensive leadership training system for employees covering leadership assessment training courses
practical exercises and mentor coaching standardizing cadre management in accordance with the Cadre Management Measures.Cultivation of junior Talents with Dedicated to cultivating management trainees and high potential talents at During the reporting period to promote the Company's high-quality development and cultivate future-oriented managers we
junior level and strengthening backbones for the basic level collaborated with China-Europe Business Online to launch a new "Leadership Development Program." This program comprises three employees execution abilities
tiers of training initiatives such as "MINI-EMBA MINI-MBA and New Manager Training." Through methods like business simulations
case studies and team collaborations the program aims to enhance employees' leadership capabilities and teamwork proficiency.87 Guangdong Marubi Biotechnology Co. Ltd. 2024 Environmental Social and Governance Report People-Oriented Composing the Beauty of Harmony 88
Case Study Marubi 2024 Leadership Development Program Inauguration Ceremony Case Study Data Capability Enhancement Training to Promote Data-Driven Decision-Making
During the reporting period Marubi collaborated with China-Europe Business Online to organize a grand inauguration As data plays an increasingly important role in business decision-making Marubi launched a dedicated data capability enhancement
ceremony and the first offline class. Through an interactive workshop format employees were guided to overcome the program to equip business teams with foundational data visualization tool proficiency and analytical methodologies. The initiative
five major barriers to teamwork. More than 230 employees enrolled in this year's Leadership Development Program and aimed to accelerate the widespread adoption of data-driven decision-making across the organization. During the reporting period
were divided into MINI-EMBA MINI-MBA or New Manager Training classes based on their management knowledge and a total of 77 cross-departmental employees participated in the systematic training. Approximately 40% of the trainees mastered the
experience. Mr. Huaiqing Sun the Chairman of Marubi attended the ceremony in person and delivered an opening speech skills to independently create reports and analyze key performance indicators. The remaining participants demonstrated significantly
encouraging employees to cherish the learning opportunities and further interpreting corporate culture. enhanced data awareness enabling them to clearly articulate data requirements and actively participated in data-driven discussions
laying a solid foundation for deepening cross-departmental collaboration and fostering a data culture.Case Study Official Launch of Marubi Supply Chain Team Leader Training Camp
On June 25 2024 Marubi held a grand opening ceremony for the supply chain team leader training camp to cultivate
a more professional and efficient on-site junior management team. A total of 78 employees from six departments
participated in the camp. Through systematic training courses practical operations and mentor guidance the camp aims
to comprehensively improve the management and professional skills of team leaders. The mentor team composed of
experienced supply chain managers provides all-round guidance and support to the trainees. The training covers various
aspects including production management logistics management quality control work safety and team building striving
to equip each team leader with comprehensive knowledge and skills.Professional Skill Training
Marubi values the cultivation and improvement of employees'
job skills. During the reporting period a series of professional Encourage participation in nationally
skill training programs were introduced such as supply chain recognized vocational qualification exams
team leader training and e-commerce position training. and offer financial support to those pursuing
Additionally Marubi implemented data capability enhancement certifications pertinent to their positions
training to further improve employees' proficiency in leveraging
data to drive informed decision-making.Provide support to engineers of all levels in
their pursuit of professional title assessments
fostering a culture of lifelong learning
Key Performance Indicators
Conduct annual training programs across During the reporting period
multiple dimensions encompassing product Marubi conducted with a cumulative training duration of covering
expertise product experience live streaming
techniques and job-specific competencies
Public Opinion Guidance and Crisis Management Training in aiming at elevating the professional 202 professional 294 hours 4323 individuals
New Media Environments capabilities of employees skill training sessions89 Guangdong Marubi Biotechnology Co. Ltd. 2024 Environmental Social and Governance Report People-Oriented Composing the Beauty of Harmony 90
Career Development Considerate Care Enriching
Marubi offers employees diverse career development paths aiming to empower them to fully realize their potential enhance Workplace Experience
performance feedback and continuous improvement and cultivate a talent pool with a balanced mix of knowledge skills and age.During the reporting period Marubi comprehensively upgraded its talent cultivation system strengthening both the internal training
framework and the job qualification system. The qualification system spans multiple dimensions including professional skills
management capabilities and general skills ensuring that employees' abilities align with the strategic goals. Simultaneously by Aligned with the corporate philosophy of "enterprise is family school and military" Marubi strives to create a workspace that
optimizing the job qualification standards clear career development paths and promotion criteria are provided for employees. embodies care and support bolstering employees' feelings of happiness and sense of belonging. During the reporting period
various corporate cultural activities continued the 5C Employee Care Center was officially opened and amateur interest clubs
Career Development Paths were formally introduced offering an excellent platform to expand their social circles cultivate hobbies and relieve work stress.Marubi provides employees with dual career channels encompassing both management and professional sequences to build a fair just
objective and qualified promotion system. Employees can progress horizontally and vertically to achieve their career aspirations. Furthermore Corporate Cultural Activities
Marubi has established the Internal Recruitment Management System to standardize the internal hiring process thereby expanding employees' Marubi annually organizes diverse cultural activities aimed at fostering a deeper understanding and appreciation of the corporate
career development opportunities. During the reporting period based on market trends and strategy Marubi redefined a diverse range of values among employees. These activities not only enrich employees' leisure time but also contribute to the deep integration of
career development paths including technical experts management elites and cross-disciplinary composite talents. We revised the Promotion corporate culture.Management System shortening the promotion cycle increasing the promotion ratio adjusting promotion criteria and procedures. These
measures aim to improve talent selection mechanism and further motivate employees to enhance their abilities and competencies.Performance Management
In accordance with the Performance Management System Marubi implements a fair evaluation Key Performance Indicators
and promotion mechanism based on performance appraisals. The annual performance
appraisal scores of all employees are 100% aligned with performance indicators and individual During the reporting period
job evaluation scores serve as the fundamental criterion for determining employee performance Coverage rate of employees receiving
bonus distribution promotions evaluations and training. To better implement performance performance appraisals or career
management we formulated the Performance Interview Form and established a monthly and development evaluations was
quarterly one-on-one performance interview mechanism. Evaluators and employees conduct
th
gap analysis based on performance indicator calculation rules and actual achievements. They 100% President's New Year Speech at the 10 Cultural Festival Beach Sports Meeting at the 10th Cultural Festivaldelved into the root causes behind performance gaps or improvements. Employees were given
the opportunity to provide feedback on whether they had any objections to the appraisal results
and both parties jointly confirmed the final performance outcomes.Talent Inventory and Reserve
Marubi regularly performs talent inventories to assess the overall capabilities of its employees and applies graded and categorized
management approaches tailored to distinct talent profiles ultimately contributing to its talent reserve.Talent Inventory Talent Reserve
The 22nd Anniversary Celebration Mid-Autumn Garden Party
Marubi conducts annual talent inventory. During the reporting Marubi builds talent reserve by optimizing recruitment
period for junior employees a multi-dimensional analysis channels and establishing talent pools. Internal talent
was conducted by leveraging job qualification standards inventories lead to the formation of internal talent pools
and performance data to accurately identify "Nine-Box Grid" through capability identification and talent tagging.talents and high-potential employees. For management By cultivating talents through campus recruitment
employees the inventories encompassed annual work management trainee programs and mapping out mid-
reports performance appraisals and capability evaluations to-senior level industry professionals from competitor
as well as 360-degree feedback assessments. The outcomes landscapes we have established a talent pipeline reserve
of these inventories inform decisions on employee capability and an external talent pool thereby ensuring a robust The 1st Staff Table Tennis Tournament Employee Birthday Party Q4 Sprint Mobilization Meeting
assessments recruitment needs matching personnel internal and external talent supply chain.promotions annual training plan formulations talent pipeline
development and other related endeavors.91 Guangdong Marubi Biotechnology Co. Ltd. 2024 Environmental Social and Governance Report People-Oriented Composing the Beauty of Harmony 92
Case Study Interest Clubs
Party-Building Themed Activities of Marubi Party General Branch
Marubi supports employees in spontaneously forming interest clubs centered around shared hobbies passions and aspirations such
During the reporting period Marubi organized themed Party as badminton yoga swimming and hiking. Each club has organized a variety of colorful activities.Day activities for Party history learning and education. Party
members and activists of the branch visited the Memorial Badminton Club Swimming Club
Hall of the First National Congress of the Communist Youth
League of China and the Former Site Memorial Hall of
the All-China Federation of Trade Unions. They reviewed
the century-long history of the Communist Youth League
of China and the development history of trade unions
deepened and popularized Party history knowledge and
further enhanced the team spirit and exemplary vanguard Visit to the Memorial Hall
role of Party members.Female Care
Marubi attaches great importance to female care annually celebrating International Women's Day on March 8th to send holiday
greetings to female employees. During the reporting period the Company encouraged female employees to break free from social
stereotypes and showcase the diversity and strength of independent women in the new era. A themed activity titled "Why Judge by
Labels - Tear Off the Labels Stay True to Yourself" was specially held.Yoga Club Hiking Club
Themed Activity "Why Judge by Labels - Tear Off the Baby Care Room
Labels Stay True to Yourself"93 Guangdong Marubi Biotechnology Co. Ltd. 2024 Environmental Social and Governance Report People-Oriented Composing the Beauty of Harmony 94
Work Safety Protecting Safety Risk Inspection
Health and Safety Adhering to the principle of equal emphasis on prevention and emergency response Marubi has formulated the Hazard Identification and Evaluation Control Procedures. We conduct annual safety risk assessments and implement effective control measures based on
the evaluation results.Marubi has consistently prioritized the occupational health and safety of its employees establishing a robust occupational Safety Inspections
health and safety management system that ensures necessary safety measures and psychological support services are
provided to employees. Marubi has obtained and maintained the ISO 45001 Occupational Health and Safety Management Marubi conducts monthly EHS safety hazard inspection and comprehensive hygiene inspections across the entire facility
System certification a testament to its commitment to effective and ongoing safety practices. led by the factory director. These inspections aim to promptly identify deviations non-conformities and potential safety
risks during production operations. Corrective actions are formulated and implemented without delay to address any
issues detected. Monthly work safety meetings are held to ensure work safety in the plant area.Work Safety
Marubi strictly complies with relevant laws and regulations and has formulated a series of safety management documents including
the Emergency Rescue Plan in Case of Accidents Caused by Precursor and Explosive Chemicals the Hazardous Chemicals Safety
Management Procedures the Emergency Preparedness and Response Control Procedures . The Company sets clear work safety
objectives regularly conducts safety risk inspections and drills and makes every effort to ensure work safety.Work Safety Management
Monthly EHS Inspections Monthly Work Safety Meetings
Marubi has established a Safety Department tasked with overseeing work safety management. This department formulates annual
work safety targets and promotes the smooth progress of various safety tasks. During the reporting period Marubi achieved a 100% Chemical Safety Management
completion rate of work safety goals.Marubi attaches great importance to daily safety management emphasizing the prevention of chemical leakage and
explosions and has formulated the Hazardous Chemicals Safety Management Procedures that detail stringent measures
for the procurement transportation storage utilization and disposal of hazardous chemicals. During the reporting period
Key Performance Indicators the management of toxic and explosive chemicals adhered to legal regulations and no chemical safety accidents occurred.During the reporting period Safety Emergency Response
Major safety and fire accidents Major work-related injury accidents Marubi has established comprehensive internal systems including the Hazardous Chemicals Safety Management
0 0 Procedures and the Emergency Rescue Plan in Case of Accidents Caused by Precursor and Explosive Chemicals effectively preventing and controlling potential incidents such as fires explosions and hazardous substance leaks. An emergency
command department has been set up with the factory director serving as the general commander and the deputy factory
director as the deputy commander. This department oversees various emergency response teams ensuring the efficient
execution of emergency response measures. Furthermore the Company regularly organizes targeted emergency drills such
Workdays lost due to injuries Occupational diseases incidence rate as special equipment elevators emergency drills fire safety evacuation drills and chemical spill drills effectively preventing
0 0 sudden risk accidents and safeguarding the safety of employees.
Employee safety training coverage rate
100% Occupational Health and Safety Management System Certification
Special Equipment Elevators Emergency Rescue Drill Theft and Leakage of Hazardous Chemicals Emergency Drill95 Guangdong Marubi Biotechnology Co. Ltd. 2024 Environmental Social and Governance Report People-Oriented Composing the Beauty of Harmony 96
Safety Culture Construction Occupational Health
Marubi has prioritized safety training as an integral part of its daily operations. In addition to conducting publicity and training during
Marubi places significant emphasis on employees' occupational health striving to create a safe working environment and regularly
the Work Safety Month we also implemented daily work safety training aiming to build a good safety culture and improve the safety
engages a professional third-party organization to supervise all occupational health hazards. For employees in positions with
protection awareness and skills of all employees. During the reporting period we responded proactively to potential safety hazards
occupational disease hazards earplugs disposable medical masks and gas masks are provided and annual occupational disease
by organizing practical fire-fighting skills competitions forklift driving skills competitions. Additionally targeted safety training was
medical examinations are arranged with a 100% coverage rate.provided to new employees and part-time safety officers.On-Site Medical Examination Arranged by a Medical Institution Room of the Peace Station
Work Safety Month Publicity Activities Post-Spring Festival Work Safety and Resumption of Production Key Performance Indicators
Training Campaign During the reporting period Marubi launched a blood pressure
monitoring activity titled "Caring for Employees Prioritizing During the reporting period
Blood Pressure Risks" to strengthen employees' health Occupational health Coverage rate of occupational
management. Furthermore Marubi pays attention to employees' and safety training disease medical examinations
mental well-being. Various departments work towards coverage rate for employees in occupational
enhancing the mental health of their staff through initiatives disease risk positions
such as mental health training and psychological counseling
support. The 5C Center launched the "Marubi · Yuexin'an
Corporate Well-being Station" providing 1V1 psychological 100% 100%
counseling services and free educational lectures.Gratitude to Society Contributing to
Practical Fire-fighting Skills Competition Special Training for Forklifts Operations (Special Equipment) Community Prosperity
Adhering to the corporate responsibility credo of "Gratitude to Society Action for Love" Marubi has demonstrated its
commitment to society through tangible actions. Since the inception of the Marubi Very Caring Foundation in 2008 Marubi
has prioritized education support women's empowerment community service and other endeavors aiming to establish
itself as a compassionate and accountable enterprise that collaborates with society to share development successes and
jointly build a brighter future. We have continuously carried out on the "Perfect Protection and Accompanying Love" anti-
domestic violence empowerment initiative helping a total of 53 women resolve domestic violence problems and supporting
domestic violence victims in safeguarding their legal rights and interests in accordance with law.During the reporting period Marubi made a specific donation of CNY 10000 to the Huangpu District Charity Association for
the "Bright Spark Initiative" public welfare project for supporting SMEs in Huangpu District.97 Guangdong Marubi Biotechnology Co. Ltd. 2024 Environmental Social and Governance Report Appendix 98
Appendix
Key Performance Table Topic Indicator Unit 2022 2023 2024
Total waste gas emissions 10000 m3 —— —— 640.97
Particulates kg —— —— 0
Economy
Total non-methane hydrocarbons kg —— —— 0
Waste Gas
Indicator Unit 2022 2023 2024 Nitrogen oxides kg —— —— 403
Revenue CNY million 1732 2226 2970 Sulfur oxides kg —— —— 1
Net profit attributable to shareholders of the listed company CNY million 174 259 342 VOC emissions kg —— —— 42.69
Total assets CNY million 4074 4454 5063 Total water discharge ton 11125 10034 9163
Number of R&D personnel Person(s) 93 93 94 Discharge intensity Ton/ CNY 10000 0 0 0.03
Proportion of R&D personnel % 8.77 8.45 7.83 Chemical oxygen demand (COD) kg —— —— 125
Total R&D investment CNY '000 52925.70 62287.60 73544.83 Waste
Water Biochemical oxygen demand/five-day kg —— —— 1
Tax paid CNY million 263 239 257 (BOD5)
Ammonia nitrogen kg —— —— 1
Note: For other financial data of Marubi in 2024 please refer to the Marubi 2024 Annual Report.Total phosphorus kg —— —— 1
Total solid waste ton —— —— 629.76
Environment
Total non-hazardous
ton —— —— 627.59
Topic Indicator Unit 2022 2023 2024 solid waste
Renewable Non-hazardous waste
PV power generation kWh 655185 602098 609157.6 ton —— —— 116.76
Energy landfilled
Non-
Purchased electricity kWh 4707000 4456188 5679804 hazardous Recycling volume ton —— 70.94 66.70
Waste
waste
Self-use of PV power generation kWh 621986 581188 587497.6 Circular utilization
ton —— 70.94 397.05
volume
Natural gas m3 228071 246041 280124.00
Gasoline L —— —— 5453.69 Circular utilization ton 51 66.58 47.08
volume of sludge
Diesel L —— 30 11626.60
Hazardous
Energy Use Comprehensive energy consumption Ton of standard coal 905.81 915.54 1123.00 Total hazardous waste ton 1.52 0.0637 2.17waste
Among which: consumption of
Ton of standard coal —— —— 72.20 Total water usage ton 57190 52630 62510
renewable energy Water
Water usage intensity Ton/ CNY 10000 0.33 0.24 0.21
tce/CNY100 million Resources
Energy intensity 41.13 37.81
revenue Water resources efficiency CNY 10000/Ton 3.03 4.23 4.75
CNY 100 million Notes:
Energy efficiency 0.02 0.02 0.03
revenue/tce 1.The reporting boundary for EHS data collection is defined by the 5C Center.
2.Key greenhouse gas (GHG) emission sources include natural gas electricity gasoline and diesel. Starting from 2024 the disclosure scope for gasoline
Total emissions tCO2e 2566.13 2485.67 3150.30 and diesel consumption data has been expanded to cover the Company's logistics fleet.Greenhouse 3.GHG emission data updates for 2022 and 2023. The data has been revised due to changes in calculation methodologies and updates to electricity
Scope 1 tCO2e 493.64 523.61 649.48Gas emission factors (adopting the 2022 Guangdong Province average power grid CO2 emission factor of 0.4403 kgCO2/kWh as jointly published by the Ministry
Scope 2 tCO e 2072.49 1962.06 2500.82 of Ecology and Environment and the National Bureau of Statistics).2 4.Non-hazardous waste encompasses all solid waste except hazardous waste including general industrial solid waste but excludes household waste.99 Guangdong Marubi Biotechnology Co. Ltd. 2024 Environmental Social and Governance Report Appendix 100
Social
Topic Indicator Unit 2022 2023 2024 Topic Indicator Unit 2022 2023 2024
Total Number of Employees Number 1060 1101 1185 Under 30 Number —— —— 287
Male Number 358 362 377 By age 30 to 50 Number —— —— 96
By gender
Female Number 702 739 808 Over 50 Number —— —— 0
College and below Number 729 705 527 Localized hires Number 221 201 218
By education
Bachelor Number 299 338 442 Labor contract signing rate % 100 100 100
background
Master and above Number 54 58 73 Social insurance coverage rate % 100 100 100
Under 30 Number 438 495 527 Trade union membership coverage rate % 100 100 100
By age 30 to 50 Number 597 589 642 Employee turnover rate % —— —— 21.94
Over 50 Number 25 17 16 Employment Voluntary employee resignation rate % —— —— 15.55
Male Number 74 74 78 Male employee
%————22.9
turnover rate
Female Number 133 145 146 By gender
Female employee
Female employees % —— —— 21.5
turnover rate
in junior % —— —— 66.67
management Employee turnover
Gender in senior % —— —— 20.4
rate for under 30
management Female employees
in middle % —— —— 69.01 Employee turnover
By age % —— —— 17.5
Employment management rate for 30 to 50
Female employees Employee turnover
%————23.8
in senior % —— —— 42.86 rate for over 50
management
Training Total employee training hours Hour(s) 28522 29081 49523
Ethnic minority
Number 43 17 147 Major work-related injury incidents Case(s) 0 0 0
employees
Occupational Major work-related injuries Number 0 0 0
Employees with
Number 4 4 4 Health and
disabilities Safety Fatal work accidents (Incidents) Case(s) 0 0 0
Military veterans Number 8 9 10 Fatal work accidents (Fatalities) Number 0 0 0
Diversity Female employees Total suppliers Number 172 227 184
in STEM-related % —— —— 58.8
Suppliers in
positions Number 167 227 181
Mainland China
Supply Chain
Female employees By region Suppliers in HK/
in revenue-
% —— —— 73 Macau/TW & Number 5 0 3
generating
Overseas
positions
Community Charitable donation CNY '000 2500 1500 20
New hires Number —— —— 383
Male Number —— —— 125 Note: Employee turnover rate = (Number of employee separations during reporting period for the specified category) / [(Ending headcount of the specified
By gender category + Number of separations during reporting period for the same category)] * 100
Female Number —— —— 258101 Guangdong Marubi Biotechnology Co. Ltd. 2024 Environmental Social and Governance Report Appendix 102
Indicators Index GRI Standard Disclosure Chapter Reference
Uniting Efforts Promoting the Development of the Cosmetics
GRI Indicators Index 2-28 Membership associationsGRI 2: General Industry
Disclosures 2021 2-29 Approach to stakeholder engagement Stakeholder Communication
Marubi has reported the information cited in this GRI Content Index for the period January 1 2024 to 2-30 Collective bargaining agreements None
Statement of use
December 31 2024 with reference to the GRI Standards. 3-1 Process to determine material topics Analysis of Material Issues
GRI 3: Material 3-2 List of material topics Analysis of Material Issues
GRI 1 used GRI 1: Foundation 2021 Topics 2021
3-3 Management of material topics Analysis of Material Issues
Stakeholder Communication
201-1 Direct economic value generated and GRI Standard Disclosure Chapter Reference distributed Key Performance Table
2-1 Organizational details Company Overview GRI 201:
Economic 201-2 Financial implications and other risks
and opportunities due to climate change Low-Carbon Transformation Addressing Climate Change
2-2 Entities included in the organization's About This Report Performance 2016sustainability reporting
201-3 Defined benefit plan obligations and
other retirement plans Equity and Diversity Protecting Employee Rights and Interests
2-3 Reporting period frequency and contact
point About This Report GRI 203: Indirect
Economic Impacts 203-1 Infrastructure investments and services 2-4 Restatements of information Key Performance Table supported Gratitude to Society Contributing to Community Prosperity2016
Activities value chain and other Collaborating with Partners Fostering a Win-Win Beauty 2-6
business relationships Ecosystem 205-2
Communication and training about anti-
Premium Service Upholding the Promise of Beauty GRI 205: Anti- corruption policies and procedures
Operating with Integrity Adhering to Business Ethics
2-7 Employees Equity and Diversity Protecting Employee Rights and Interests
corruption 2016
205-3 Confirmed incidents of corruption and
actions taken Operating with Integrity Adhering to Business EthicsKey Performance Table
2-9 Governance structure and composition Enhancing Governance Solidifying Development Foundations 302-1 Energy consumption within the
organization Key Performance Table
2-10 Nomination and selection of the highest
GRI 302: Energy
governance body Enhancing Governance Solidifying Development Foundations 2016 302-3 Energy intensity Key Performance Table
2-11 Chair of the highest governance body Enhancing Governance Solidifying Development Foundations 302-4 Reduction of energy consumption Low-Carbon Transformation Addressing Climate Change
2-12 Role of the highest governance body in ESG Governance 303-1
Interactions with water as a shared
overseeing the management of impacts Stakeholder Communication resource
Environmentally Friendly and Resource Conservation
GRI 2: General Delegation of responsibility for ESG Governance GRI 303: Water 303-2 Management of water discharge-related Disclosures 2021 2-13 impacts Clean Production Reducing Environmental Footprintmanaging impacts Enhancing Governance Solidifying Development Foundations and Effluents
Role of the highest governance body in 2018 303-4 Water discharge Clean Production Reducing Environmental Footprint2-14
sustainability reporting ESG Governance Key Performance Table
2-15 Conflicts of interest Operating with Integrity Adhering to Business Ethics 303-5 Water consumption Environmentally Friendly and Resource Conservation
2-16 Communication of critical concerns Stakeholder Communication 305-1 Direct (Scope 1) GHG emissions Key Performance Table
GRI 305:
2-19 Remuneration policies Equity and Diversity Protecting Employee Rights and Interests Emissions 2016 305-2 Energy indirect (Scope 2) GHG emissions Key Performance Table
2-20 Process to determine remuneration Equity and Diversity Protecting Employee Rights and Interests 305-5 Reduction of GHG emissions Low-Carbon Transformation Addressing Climate Change
Statement on sustainable development Waste generation and significant waste-2-22 Message from Chairman 306-1 related impacts Clean Production Reducing Environmental Footprintstrategy
2-23 Policy commitments Operating with Integrity Adhering to Business Ethics 306-2
Management of significant waste-related
Equity and Diversity Protecting Employee Rights and Interests GRI 306: Waste impacts
Clean Production Reducing Environmental Footprint
Operating with Integrity Adhering to Business Ethics 2020 306-3 Waste generated Key Performance Table2-24 Embedding policy commitments
Equity and Diversity Protecting Employee Rights and Interests
306-4 Waste diverted from disposal Clean Production Reducing Environmental Footprint
2-25 Processes to remediate negative impacts Operating with Integrity Adhering to Business Ethics Key Performance Table
Mechanisms for seeking advice and 306-5 Waste directed to disposal Clean Production Reducing Environmental Footprint2-26
raising concerns About This Report GRI 308: Supplier
Environmental 308-1 New suppliers that were screened using Collaborating with Partners Fostering a Win-Win Beauty 2-27 Compliance with laws and regulations Operating with Integrity Adhering to Business Ethics
Assessment 2016 environmental criteria Ecosystem103 Guangdong Marubi Biotechnology Co. Ltd. 2024 Environmental Social and Governance Report Appendix 104
GRI Standard Disclosure Chapter Reference Self-Regulatory Guidelines No. 14 for Companies Listed on Shanghai Stock Exchange—
401-1 New employee hires and employee turnover Equity and Diversity Protecting Employee Rights and Interests
Key Performance Table Sustainability Report (For Trial Implementation) Indices of Guidelines Topics
GRI 401: Benefits provided to full-time employees Dimension Topic Clause Chapter Reference
Employment 2016 401-2 that are not provided to temporary or Equity and Diversity Protecting Employee Rights and Interests
part-time employees Low-Carbon Transformation Addressing Climate
Climate response Articles 21-28
401-3 Parental leave Equity and Diversity Protecting Employee Rights and Interests Change
403-1 Occupational health and safety Work Safety Protecting Health and Safety Pollutant discharge Article 30 Clean Production Reducing Environmental Footprintmanagement system
Waste disposal Article 31 Clean Production Reducing Environmental Footprint
403-2 Hazard identification risk assessment
and incident investigation Work Safety Protecting Health and Safety Ecosystem and biodiversity
Article 32 Tech-Empowered Beauty Evolution
403-3 Occupational health services Work Safety Protecting Health and Safety protection
Environment
GRI 403: 403-5
Worker training on occupational health
and safety Work Safety Protecting Health and Safety
Environmental compliance Embracing Green Values Improving Environmental
Article 33
management Management
Occupational
Health and Safety 403-6 Promotion of worker health Work Safety Protecting Health and Safety Low-Carbon Transformation Addressing Climate
2018 Prevention and mitigation of Energy utilization Article 35 Change
403-7 occupational health and safety impacts Work Safety Protecting Health and Safety
directly linked by business relationships Water resources utilization Article 36 Environmentally Friendly and Resource Conservation
403-8 Workers covered by an occupational
health and safety management system Work Safety Protecting Health and Safety
Circular economy Article 37 Environmentally Friendly and Resource Conservation
403-9 Work-related injuries Key Performance Table Gratitude to Society Contributing to Community Rural revitalization Article 39
Prosperity
403-10 Work-related ill health Work Safety Protecting Health and Safety
404-1 Average hours of training per year per
Gratitude to Society Contributing to Community
Social contributions Article 40
employee Empowering Employees Achieving Employees' Dreams Prosperity
GRI 404: Training
and Education 404-2 Programs for upgrading employee skills Leading with Technology Decoding the Beauty of
2016 and transition assistance programs
Empowering Employees Achieving Employees' Dreams Innovation Article 42
Diversity
404-3 Empowering Employees Achieving
Employees' Dreams Empowering Employees Achieving Employees' Dreams Ethics of science and technology Article 43 Not Involved
GRI 405: Diversity Collaborating with Partners Fostering a Win-Win
and Equal 405-1 Diversity of governance bodies and Enhancing Governance Solidifying Development Foundations Community Supply chain security Article 45
Opportunity 2016 employees Equity and Diversity Protecting Employee Rights and Interests
Beauty Ecosystem
GRI 406: Non- Equal treatment of SMEs Article 46 Not Involved
discrimination 406-1 Incidents of discrimination and
2016 corrective actions taken
Equity and Diversity Protecting Employee Rights and Interests Ingenuity Embodies Quality Guarding the Essence of
Product and service safety and
Article 47 Beauty
GRI 408: Child Operations and suppliers at significant quality Premium Service Upholding the Promise of Beauty
Labor 2016 408-1 risk for incidents of child labor Equity and Diversity Protecting Employee Rights and Interests
Data security and customer
GRI 409: Forced
Operations and suppliers at significant risk Article 48 Proactive Measures Protecting information Securityor Compulsory 409-1 privacy
Labor 2016 for incidents of forced or compulsory labor
Equity and Diversity Protecting Employee Rights and Interests
Employees Article 50 People-Oriented Composing the Beauty of Harmony
GRI 414:
Supplier Social 414-1 New suppliers that were screened using Collaborating with Partners Fostering a Win-Win Beauty ESG Governance
Assessment 2016 social criteria Ecosystem Due diligence Article 52 Collaborating with Partners Fostering a Win-Win
417-1 Requirements for product and service Ingenuity Embodies Quality Guarding the Essence of Beauty
Beauty Ecosystem
Sustainability-
information and labeling Premium Service Upholding the Promise of Beauty
related Stakeholder engagement Article 53 ESG GovernanceGRI 417:
Marketing and 417-2 Incidents of non-compliance concerning Ingenuity Embodies Quality Guarding the Essence of Beauty governance Anti-commercial bribery and anti-
Labeling 2016 product and service information and labeling Premium Service Upholding the Promise of Beauty Article 55 Operating with Integrity Adhering to Business Ethicscorruption
417-3 Incidents of non-compliance concerning
marketing communications Premium Service Upholding the Promise of Beauty Fair competition Article 56 Operating with Integrity Adhering to Business Ethics
GRI 418: Customer Substantiated complaints concerning
Privacy 2016 418-1 breaches of customer privacy and losses Proactive Measures Protecting information Security
of customer data105 Guangdong Marubi Biotechnology Co. Ltd. 2024 Environmental Social and Governance Report
About This Report
Introduction Preparation basis
This report is the 4th ESG Report issued China National Standard Guidance on Social Responsibility Reporting (GB/T
by Guangdong Marubi Biotechnology Co. 36001-2015)
Ltd. (hereinafter referred to as "Marubi Chinese Academy of Social Sciences China CSR Report Preparation Guide
Biotechnology" "Marubi" or "the Company") (CASS-ESG 6.0)
to stakeholders. It aims to truly reflect the 2030 United Nations Sustainable Development Goals (SDGs)
Company's efforts practices and performance
in governance environmental and social Global Reporting Initiative (GRI) Sustainability Reporting Standards (GRI
responsibilities through objective standardized Standards)
transparent and comprehensive information Self-Regulatory Guidelines No. 14 for Companies Listed on the Shanghai Stock
disclosure. This report mainly covers the period Exchange—Sustainability Report (For Trial Implementation)
from January 1 2024 to December 31 2024 International Organization for Standardization ISO 26000: Guidelines for Social
while some contents may extend to previous Responsibility (2010)
years or reflect the policies and practices of 2025. Ten Principles of the United Nations Global Compact
Report scope and boundaries Preparation Process
This report covers Marubi as well as its branches This report is based on the ESG practices and follows the process of "project
and subsidiaries. The "Marubi Biotechnology" approval - collection of materials - preparation and revision - review by senior
"Marubi" the "Company" and "We" herein management - review by the Board of Directors - disclosure to the public."
shall mean Guangdong Marubi Biotechnology Active communication was carried out with relevant stakeholders during the
Co. Ltd. The "5C Center" in the report refers process of project approval preparation and revision and other phases to
to Marubi's R&D center manufacturing center discuss the structure and contents of the report.logistics center information center and training
center. "Biost" refers to Biost Pharmaceutical
(Guangzhou) Co. Ltd. and "Meiyu" refers to Publication Format
Guangzhou Meiyu Medical Testing Co. Ltd. This report is released in electronic form in both Chinese and English which
can be accessed and downloaded from the Shanghai Stock Exchange or the
Company's website (www.marubi.cn). Marubi plans to release it annually. In
Data source and description the event of any discrepancy between the Chinese version and the English
The data used in this report comes from public versions the Chinese version shall prevail. Please do not hesitate to email us if
data of government departments internal you have any questions or suggestions about this report: securities@marubi.statistical data administrative documents and cn or call us at (020) 66378685.reports third-party evaluations and interviews
etc. Unless otherwise specified the monetary Feedback and Suggestions
amounts shown in this report are denominated
in CNY. In case of any inconsistency with the If you have any questions or suggestions about this report please scan the QR code
data in the financial report the financial report on the right or contact us through the above channels. Your feedback is appreciated.shall prevail. This report is released after being
reviewed by the Board of Directors. Marubi
and all its directors guarantee that there are no
false records misleading statements or major
omissions herein and jointly and severally
assume the liability for the authenticity accuracy
and completeness of the contents hereof.Tel：020-66378685
Email：securities@marubi.cn
Address: 6/F South Tower Poly Granville Building No. 11 Xiancun Road Tianhe District Guangzhou
Postal Code: 510000
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